Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Quantum Public Finance

Quantum Public Finance

Zhao, Huilin

Paperback

Series: Quantum Economics, Book 8

EconomicsInvesting & Finance

ISBN13: 9798905891236
Publisher: Primal Economics Press
Published: Sep 11 2026
Pages: 502
Weight: 2.54
Height: 1.01 Width: 8.50 Depth: 11.00
Language: English
Standard public-finance theory is elegant and indispensable, yet it quietly concedes ground at nearly every point where it meets fiscal reality: the theoretical taxpayer is a single-minded expected-utility maximizer, while real taxpayers hold several motives at once; the optimal tax vector is presented as a determinate equilibrium, while actual tax codes are layered compromises among incompatible principles; the multiplier is taught as a constant, while evidence shows it to be state-dependent; the budget is treated as an administrative plan, while it is in fact a contested political act. This book argues that these gaps are symptoms, not frictions, and that they share a common structure-the contextuality, entanglement and historical disequilibrium of fiscal phenomena. It is the first monograph to establish quantum public finance as a systematic discipline, importing Hilbert-space mathematics-state vectors, superposition, entanglement, measurement collapse and non-equilibrium evolution-into the fiscal system, and endowing every quantum concept with a precise fiscal meaning, a small formal model and an observable implication that the classical account cannot generate. The argument unfolds in six parts and thirty chapters. Part I diagnoses the paradigm crisis and lays the practical-ontology and quantum-fiscal-agent foundations. Part II reconstructs public expenditure and public-goods provision, from Lindahl equilibrium to entangled supply and the quantum Samuelson condition. Part III rebuilds taxation, covering incidence networks, optimal tax design, the superposed identity of compliance, and data taxation in the digital economy. Part IV treats public debt, fiscal risk and fiscal policy, including debt sustainability, state-dependent multipliers and local-government-debt governance. Part V turns to the budget as a complex adaptive system, global public goods, and the frontiers of artificial intelligence and climate change. Part VI closes with methodology, a resilience-oriented policy framework, China's fiscal reform, canonical cases and the civilizational stakes of the enterprise.

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