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Quantum Public Economics

Quantum Public Economics

Paperback

Series: Quantum Economics, Book 14

Economics

ISBN13: 9798905890505
Publisher: Primal Economics Press
Published: Sep 11 2026
Pages: 482
Weight: 2.44
Height: 0.97 Width: 8.50 Depth: 11.00
Language: English
Public economics addresses market failures, public goods, taxation, and government behavior, yet has long relied on two fictional constructs: the perfectly rational economic agent and the benevolent, omniscient state. This approach has yielded elegant results-such as the Samuelson condition and optimal tax formulas-yet has incurred cumulative failures: the inability to anticipate fiscal confidence crises, the inability to explain voter behavior and taxpayer compliance, and the inability to account for why the same society can become locked into fundamentally different models of welfare states. Public choice theory, behavioral economics, and the information revolution have dismantled these two myths, replacing their unified framework with a list of disparate findings. Consequently, the false dichotomy between the state and the market persists, perpetually forcing hybrid forms of governance into rigid boxes.

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