We study the differences between public production and public finance of public goods in a dynamic general equilibrium model. Under public production, public goods are produced by the government. Under public finance, the same amount of public goods is produced by cost-minimizing private...

This paper investigates the importance of political ideology for the choice of the tax structure. In particular, we examine the effects of cabinet ideology on the distribution of the tax burden across factors of production and consumption for 16 OECD countries over the period 1970–2000 by...

We describe the political-economic environment that precipitated the Greek crisis. Involved were collaborations between private interests and the formally elected and appointed custodians of the public interest, and a captured politicized government bureaucracy. The confluence of these forces...