A number of explanations are commonly presented in public finance texts as reasons why government intervention in the economy will improve performance. This paper questions the validity of each of them. The paper examines the merit goods argument, equity considerations, growth and development...

There are major internal challenges facing the Palestinian public finance sector that may crumble the improvement of the capacity building of the Palestinian public finance, which may be summarized as follows: First: The Palestinian retirement scheme is one of the most urgent issues needs to be...

Expositions of the theory of public finance mostly wrongly assume that taxation is necessary to finance public goods. Taxation isn't necessary to finance public goods because free riding is an institutional artifact of the analytical dichotomy between public and private goods, which prevents...