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Public Finances

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Last throw of the dice for Brown: Queen's Speech promises financial curbs
Nov 18th, 2009 - Mail Online
Further tax rises to plug the black hole in Britain's public finances were signalled yesterday as Gordon Brown's last set of plans before the next election came under fire from all sides.
Obama warns on US public debt pile
Nov 18th, 2009 - FT
US President Barack Obama warned that the US economy could head into a “double-dip recession” unless urgent steps were taken to rein in mounting public debt. The US president’s remarks – in an interview with Fox News in Beijing on Wednesday...
Government lays out election agenda
Nov 18th, 2009 - The Independent
Labour will seek to rush through measures to reform public services and regulation of the banks in the final session of Parliament before the general election. The list...
Greek Swelling Deficit a Concern for Euro Area, Almunia Says
Nov 11th, 2009 - Bloomberg
Nov. 11 (Bloomberg) -- Greece’s public finances have becomea “concern for the whole euro area” after the governmentfailed to control the European Union’s widest deficit...
U.S. budget gap hits record $1.4 trillion
Oct 16th, 2009 - Yahoo! News
WASHINGTON (Reuters) – The U.S. budget deficit hit a record $1.4 trillion in the just-ended fiscal year, the government said on Friday, as the deep recession and a series of bank rescues cut a gaping hole in public finances.

Public Finances videos from YouTube:

4:17
Ashraf Ghani ("Fixing Failed States"): Public Finance
"Politicians, policymakers, diplomats generals find accountants boring," says Ashraf Ghani. "But without them they cannot be accountable; at times you need a lot more accountants than soldiers." He discusses the vital importance of budget transparency and accountability ...
23:44
Islamic Law, Administration & Public Finance: Said Arjomand
The Economic Performance of Civilizations: Roles of Culture, Religion, and the Law The purpose of this conference is to make progress toward identifying and isolating the effects of religion, cultures and legal systems on the economic trajectories of civilizations ...
2:58
The Pud Account & Public Finance of Elections
Tom Crowl Los Angeles, CA USA There are practical solutions. But we haven't even been looking for them! The "System" isn't some untouchable, immovable and magical wall that we can't affect. It's a collection of very real sub-systems which we can and must attend to ...
9:58
People & Power-Private finance or public swindle-17Mar08-Pt2
Max Keiser examines the Private Finance Initiatives being used to deliver public investment in the UK.

Public Finances from WikiPedia:

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Public finance is a field of economics concerned with paying for collective or governmental activities, and with the administration and design of those activities. The field is often divided into questions of what the government or collective organizations should do or are doing, and questions of how to pay for those activities. The broader term (public economics) and the narrower term (government finance) are also often used.

The proper role of government provides a starting point for the analysis of public finance. In theory, private markets will allocate goods and services among individuals efficiently (in the sense that no waste occurs and that individual tastes are matching with the economy's productive abilities).