Suchergebnisse

'Dalton has succeeded in expressing general economic concepts in simple language' The Economist. The 1971 edition of this famous textbook includes recent material to the general survey on the theory of taxation, other forms of public revenue, public expenditure and public debts. There are chapters on modern theories of budgetary policy and the controversial cheap money policy, pursued by the author when he was in charge of the British Treasury from 1945-1947

Divided into four parts, the book is structured as follows:Part 1: Examines the extent to which the inequality of incomes is guided by ethical principles.Part 2: Illustrates the growth of the theory of distribution in the hands of successive generations of economists.Part 3: Develops the theory on the subject of the division of income between categories.Part 4: Looks at the division of income between people and the causes of that inequality, paying particular attention to the factor of inherited wealth