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Intro -- Contents -- Acknowledgments -- 1. Federalism as Creative Politics -- 2. Federalism, Public Goods, and Taxes -- 3. Representatives' Positions and Collective Decisions -- 4. Read Our Lips, No New (Income) Taxes -- 5. Tax and Spend or Spending Taxes- Economic Development in the States --...
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Co-operatives are jointly owned and democratically controlled organizations, designed to meet the socio-economic needs of their members. Originated in the mid 19th century, co-operatives were set up to improve the living conditions of their members, contributing to the development of the welfare...
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Evaluating the performance of public service providers is often complicated by the fact that they must choose input levels before demands for their services are known. We consider an even more complicated situation in which service providers have no opportunity to directly influence demands....
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Social impact bonds (SIBs) are an innovative financing mechanism for public goods. In a SIB, an investor provides capital to a service provider for a social intervention. The investor receives a return based on the outcome of the intervention relative to a predetermined benchmark. We describe...
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