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Welfare, Incentives, and Taxation [Hardcover]

James Mirrlees (Author)

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Book Description

June 1, 2006 0198295219 978-0198295211
Nobel Prize-winning economist James Mirrlees is one of the world's leading figures in welfare, development, and public sector economics. This volume brings together for the first time published and unpublished seminal work on these key areas, providing an essential overview to much of his life's work.

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Editorial Reviews

Review

James Mirrlees' special gift is to bring new perspectives to the understanding of major economic issues, economic growth and the choice of taxes. The importance of asymmetric information in the optimality of taxes was one of his greatest contributions, the study of different aspects of the role of increasing returns in economic growth another. Drawing these contributions, scattered over many journals, into a single volume will remind of the power of Mirrlees's analysis and make reference that much easier. Kenneth J. Arrow, Nobel Laureate and Professor Emeritus of Economics, Stanford University Not only does this book belong on the shelves of every economist, also the contents of the papers belong in the undersatnding of every economist. Peter Diamond, Massachusetts Institute of Technology

About the Author

James A. Mirrlees is Professor of Political Economy at the University of Cambridge and Fellow of Trinity College. He was previously Edgeworth Professor of Economics at the University of Oxford (1968-95). In 1996 he won the Nobel Prize for Economics for fundamental contributions to the economic theory of incentives under asymmetric information. His research interests are optimal income taxation; policy implications of imperfect rationality; and principal/agent situations with multidimensional choice variables.

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In a lecture that will deal chiefly with ignorance, it may seem natural to begin with Adam Smith's most famous contribution to economics, his vision of independent selfish beings who by living and working together in the economic system somehow do what is best for one another. Read the first page
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New York, American Economic Review, Cambridge University Press, Journal of Political Economy, Oxford University Press, United States, Journal of Economic Theory, Journal of Philosophy, Quarterly Journal of Economics, Kegan Paul, Peter Diamond, Stanford University, University of Chicago Press, Basic Books, Nuffield College, Professor Mirrlees, Professor Yaari, United Kingdom, Bell Journal of Economics, Elsevier Science, National Science Foundation, Professor Inagaki, John Wiley, Princeton University Press, Yale University Press
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