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This title, first published in 1970, provides a comprehensive account of the public finance system in Britain. As well as providing a concise outline of the monetary system as a basis for the realistic understanding of public finance, the author also describes the pattern of government expenditure and revenue in the twentieth-century.
List of contents
Acknowledgements; Terminology; Introduction;
Part One: The Monetary System; 1. The Nature of Money 2. The Bank of England 3. The Discount Market 4. The Commercial Banks 5. Other Financial Institutions and Financial Intermediaries 6. Monetary Expansion and Contraction;
Part Two: Public Finance; 7. Introduction to Public Finance 8. The Pattern of Government Expenditure since 1900 9. The Pattern of Government Revenue since 1900 10. Government Expenditure and Revenue 11. The Criterion of Ability to Pay 12. Personal Income Taxation 13. Company Taxation 14. Value-Added Tax 15. Wealth 16. Land 17. The National Debt 18. Public Finance Critique;
Part Three: Policy; 19. Introduction to Policy Considerations 20. Policy 21. Monetary and Debt Policy 22. Conclusions; Index
About the author
G. C. Hockley
Summary
This title, first published in 1970, provides a comprehensive account of the public finance system in Britain. As well as providing a concise outline of the monetary system as a basis for the realistic understanding of public finance, the author also describes the pattern of government expenditure and revenue in the twentieth-century.
