Ideological Viewpoints in Public Finance

Ideological Viewpoints in Public Finance

Introduction

Public finance is an important concept and aspect of the field of finance. The economists of this field have assessed the impact of spending activities, as well as, the taxation system to reach to a conclusion. There are a number of different views that are formed related to this concept. These views are influenced by the way the government works and how the state and individuals are related to each other. Various approaches are presented; however, two major approaches are the ones that the philosophers have pointed out and which will be discussed ...