Public Policy and Economic Theory

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A01=G. H. Webster
A01=J. M. Oliver
Author_G. H. Webster
Author_J. M. Oliver
capitalism
Category=JP
Category=JPP
Category=KCA
economic intervention
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
fiscal policy analysis
government
government economic intervention
intervention methods in applied economics
market failure economics
market forces
public sector planning
regulatory policy studies
resource allocation theory

Product details

  • ISBN 9781041084211
  • Weight: 710g
  • Dimensions: 156 x 234mm
  • Publication Date: 01 Aug 2025
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Originally published in 1970 this textbook on applied economics focusses on those parts of theory which have specifically made a contribution to policy problems. The book provides a coherent treatment of the subject at a particular level – the subject being the application of economic theory to government intervention in the economy. The first part deals with the techniques and size of such intervention and the accepted objectives. It also uses economic analysis to show that the goals of government policy will not be produced by a free-market mechanism and so the government is obliged to intervene in the economy once it has chosen particular policy aims. Part 2 analyses specific examples of intervention.

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