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This paper outlines and discusses explanations of the substantial shift in the economic policy regime in Australia. The first regime held from federation through the 1970s. It focused on extensive development, through the attraction and retention of selected immigrants by a set of...
Persistent link: https://www.econbiz.de/10008740194
This paper re-examines criticisms made of vertical fiscal imbalance in Australian and other federations. We argue that one of the central criticisms made of vertical fiscal imbalance is unproven. Vertical fiscal imbalance occurs when the central government collects more taxes than it spends on...
Persistent link: https://www.econbiz.de/10008552889
Persistent link: https://www.econbiz.de/10008552913
John Quiggin's paper attacks public-choice theory, among other things, for its use of the assumption of "rational egoism." The object of the authors' response is twofold. First, to disting uish egoism from rationality and to indicate that rationality postula tes, when faithfully applied, provide...
Persistent link: https://www.econbiz.de/10005679800
Persistent link: https://www.econbiz.de/10001947563