Each democratic nation with the Montesquieu Trias Politica separation of powers of the Executive, Legislative and Judiciary branches of government is advised to create an Economic Supreme Court as a fourth branch. The new UK Office for Budget Responsibility (OBR) falls short of that and will...

Local governments have to take decisions in increasingly complex contexts. Among other decisions, in countries where it is permitted by the legal framework, local policymakers have to choose the type of management of local public services. The importance of the urban water service and the...

It is obvious that even though modern public choice theories, which were first developed for Western pluralistic societies (society-centred), might have highlighted many hidden subjects in developing countries such as rent-seeking, corruption, strong state tradition, undemocratic decision...

In nineteenth-century France, the nature and functions of the State were an almost constant subject of debate among liberal economists. The aim of this paper is to analyse and restate some hitherto neglected discussions and to discover some bold ideas that could form the hallmarks of a French...

Alan Peacock describes his entry into postwar British Economics, as an undergraduate at St. Andrews and a lecturer at London School of Economics. His personal involvement with, and development of, Public Economics is outlined.

The State, viewed as an exponent of constraint, in opposition to the Market, free by definition, represents the tough nucleus of the theoretical space dedicated to the State in the economic science. What we intend in this paper is to discover how, when looking for the “right measure” of the...