{"product_id":"9780312232085","title":"Efficiency, Equality and Public Policy: With a Case for Higher Public Spending","description":"\u003cp\u003e\u003ci\u003eEfficiency, Equality and Public Policy\u003c\/i\u003e provides compelling arguments for the exclusive concern with efficiency in all specific areas of public economic policy, leaving the objective of equality to be achieved through the general tax\/transfer system. Public policies, the author argues, should ultimately maximize the sum of individual welfares which should be individual happiness rather than preferences. The flip side is that relative-income and environmental disruption effects cause a bias in favor of private spending which is no longer conducive to social happiness.\u003cbr\u003e\u003c\/p\u003e","brand":"Palgrave Macmillan UK","offers":[{"title":"Default Title","offer_id":47007753437424,"sku":"9780312232085","price":215.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780312232085_p0.jpg?v=1763676348","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780312232085","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}