14.41 Public Finance and Public Policy
14.41 Public Finance and Public Policy (Fall 2024, MIT OCW). Instructor: Prof. Jonathan Gruber. This course explores the role of government in the economy, applying tools of basic microeconomics to answer important policy questions. Topics include the government response to global warming, school choice by K-12 students, Social Security versus private retirement savings accounts, government versus private health insurance, setting income tax rates for individuals and corporations.
The course aims to provide an understanding of the reasons for government intervention in the economy, the extent of that intervention, and the response of private agents to the government's actions.
(from ocw.mit.edu)
| Lecture 08 - Local Public Goods and Fiscal Federalism |
In this lecture, Prof. Gruber discusses applications of public good theory, specifically fiscal federalism. Fiscal federalism is a system that defines the financial relationships between different levels of government.
Go to the Course Home or watch other lectures: