eBook - ePub

Public Investment Criteria (Routledge Revivals)

Name: Public Investment Criteria (Routledge Revivals)
ISBN: 9781317569114

Benefit-Cost Analysis for Planned Economic Growth

Stephen A. Marglin,

104 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Public Investment Criteria (Routledge Revivals)

Benefit-Cost Analysis for Planned Economic Growth

Stephen A. Marglin,

About this book

This book, first published in 1967, explores some of the problems formulating investment criteria for the public sector of a mixed-enterprise, underdeveloped economy. The typical essay on public investment criteria explicitly or implicitly postulates a single goal for economic analysis – maximization of weighted average of national income over time – and relegates all other objectives of public policy to a limbo of "political" and "social" objectives not amenable to systematic, rational treatment. In contrast Professor Marglin assumes a multiplicity of objectives and explores ways and means of expressing contributions to different objectives in common terms. The book also investigates the relationship of specific investment criteria to the objectives of public policy. Benefits and costs are defined separately for each objective, as are so-called "secondary" benefits. This book is suited for students of economics.

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Yes, you can access Public Investment Criteria (Routledge Revivals) by Stephen A. Marglin in PDF and/or ePUB format, as well as other popular books in Economics & Business General. We have over one million books available in our catalogue for you to explore.