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

Stephen A. Marglin




[PDF.st22] Public Investment Criteria (Routledge Revivals): Benefit-Cost Analysis for Planned Economic Growth

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 | #3168804 in eBooks |  2014-10-17 |  2014-10-17 | File type: PDF

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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 not a...

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