Public economics

Deregulation is the process of removing or reducing state regulations, typically in the economic sphere.

Privatization, also spelled privatisation (in British English), may have several meanings.

State ownership (also called public ownership and government ownership) refers to property interests that are vested in the state or a public body representing a community as opposed to an individual or private party.

In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.

In economics, crowding out is argued by some economists to be a phenomenon that occurs when increased government involvement in a sector of the market economy substantially affects the remainder of the market, either on the supply or demand side of the market.

Redistribution of income and redistribution of wealth are respectively the transfer of income and of wealth (including physical property) from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law.

A public–private partnership (PPP, 3P or P3) is a government service or private business venture that is funded and operated through a partnership of government and one or more private sector companies.

Vincent Alfred Ostrom (September 25, 1919 – June 29, 2012) was an American political economist and the Founding Director of the Workshop in Political Theory and Policy Analysis, based at Indiana University and the Arthur F.

Wage regulation refers to attempts by a government to regulate wages paid to citizens.

The Journal of Public Economics is a monthly peer-reviewed academic journal covering public economics.

In the analysis of regulation, government failure (or non-market failure) is imperfection in government performance.

Allyson Pollock is professor of public health research and policy at Barts and The London School of Medicine and Dentistry, Queen Mary University of London.

Equal pay for equal work is the concept of labor rights that individuals in the same workplace be given equal pay.

Social cost in economics may be distinguished from "private cost".

A public–public partnership (PuP) is a partnership between a government body or public authority and another such body or a non-profit organization to provide services and/or facilities, sometimes with the goal of transferring technical skills and expertise within international development projects.

Public choice or public choice theory refers to "the use of economic tools to deal with traditional problems of political science".

The economic policy of the George W.