People's choice: Public spending,taxation and local rates |
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Authors: | Graham Hockley Gerald Harbour |
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Institution: | 1. Senior lecturer in the department of economics , University College , Cardiff;2. Lecturer in the department of economics , University College , Cardiff |
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Abstract: | Elections may reflect ideological swings, but they do not enable voters to take account either of trade‐offs between spending programmes or of the price of extra spending in terms of higher taxes. No satisfactory way has yet been found of consulting voters on this point. Here is one suggestion. |
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