Principles of Public Finance

In this edition of famous textbook much new material has been added to a general survey in the light of recent fiscal developments of the general theory of taxation other forms of public revenue public expenditure and public debts. There is chapter on modern theories of budgetary policy as developed by Keynes and others and a final chapter dealing with the author’s tenure of the British Treasury from 1945-47 which discusses the problems he encountered at that time the policy pursued in his four successive budgets and in particular his controversial cheap money policy.