User:Nick Gardner: Difference between revisions
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Revision as of 02:56, 3 November 2009
New articles
Taxation: The transfer of resources from the community to the government. [e]
Fiscal policy: Policy concerning public expenditure, taxation and borrowing and the provision of public goods and services, and their effects upon social conduct, the distribution of wealth and the level of economic activity. [e]- Monetary policy: The economic policy instrument that is regularly used to stabilise the economy, and that has sometimes been used as a temporary expedient to relieve severe credit shortages. [e]
- Public expenditure: Spending by the public sector [e]
- Impossibility theorem: The proof that it is impossible to devise a rational democratic voting system that is guaranteed to produce a consistent set of preferences for a group from the preferences of the people in the group. [e]
- Social choice theory: The study of systems of collective decision-making. [e]
