This second volume of "Lindahl Lectures" discusses radical approaches to taxation and presents a framework for a system which combines a basic guaranteed income and flat income tax rate. The author draws together both optimum tax theory and public choice theory as well as existing econometric studies of incentives. He also describes the model of taxes and benefits which has been developed at the London School of Economics.
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A. B. Atkinson is Warden of Nuffield College, Oxford.
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