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Public Finance provides a classic text on the normative theory of government policy. This valuable and accessible resource covers the welfare aspects of public economics, with considerable coverage of European examples. The work presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics, and international tax issues. Organized logically and written in an engaging manner, it is rigid enough for use by PhDs while being accessible to students less well trained in math. Provides a logical progression from normative theory to concise mathematical applicationsOffers coverage of European examples, welfare economics, and tax law updates Includes improved pedagogical supplements, including end-of-chapter questions and answers