Public Investment Criteria (Routledge Revivals): Benefit-Cost Analysis for Planned Economic Growth

by Stephen A. Marglin

This book, first published in 1967, explores some of the problems formulating investment criteria for the public sector of a mixed-enterprise, underdeveloped economy. The typical essay on public investment criteria explicitly or implicitly postulates a single goal for economic analysis - maximization of weighted average of national income over time - and relegates all other objectives of public policy to a limbo of "political" and "social" objectives...

• Format: Paperback
• Language: English
• ISBN: 1138830666
• ISBN13: 9781138830660
• Release Date: April 2016
• Publisher: Routledge
• Length: 104 Pages