Retrospectives on Public Finance contains original analyses by internationally recognized public finance scholars, including Carl Sumner Shoup, one of the discipline's most famous practitioners. Shoup, along with Richard Musgrave and his students, pioneered the "prescriptive" or "political economy school" of public finance known for its hands-on approach and its commitment to applying theory to real world problems. Each contributor provides a retrospective on Shoup's various contributions to the field, reviewing the literature and assessing its relevance to current problems in public finance theory and policy. The essays highlight and analyze fiscal theory and public policy developments from the 1930s to the present in four areas: the Shoup tax missions to Japan, Venezuela, and Liberia; the tax mix; the expenditure mix; and macro public finance. Contributors. Lorraine Eden, Carl S. Shoup, Malcolm Gillis, Minoru Nakazato, Charles E. McLure Jr., John Bossons, Richard Goode, William Vickery, Wayne Thirsk, John Graham, Stanley Winer, W. Irwin Gillespie, Melville L. McMillan, Cliff Walsh, John G. Head, Enid Slack, Edwin G. West, Richard M. Bird, Peggy B. Musgrave, Douglas A. L. Auld, John B. Burbidge, Jack M. Mintz, John Sargent, Richard A. Musgrave
The last foreign policy review was conducted in 1995 and there has been no thoroughgoing, decisive, public reconsideration of the significance of the terrorist attacks against the United States, the violent response in U.S. policy and action, wars in Afghanistan and Iraq, tests and failures of the United Nations Security Council, and the transformed quality of relations along the Canada-U.S. border. Still less has there been any open, extensive, government-led reassessment of the obligations of continental defence or the new and future accommodations required to realign Canada's relations with the United States and the rest of the world. Policy initiatives have instead looked temporizing and partial.
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