economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been … inquiries. Indeed, by the mid-1980s the 'public expenditure theory' lacuna lamented by Samuelson had largely been filled with … the theories of public goods, externalities, marginal-cost cum peak-load pricing. This paper documents and attempts to …

information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly …

taxation, commodity taxation, tax expenditures, externalities, public goods, capital income and wealth taxation, social …