Alan Peacock Knihy

This book explores the connection between the history of economic thought and its implications for public finance economics. It examines how historical perspectives can inform contemporary fiscal policies and economic theories, providing a deeper understanding of current public finance issues. Through a critical analysis, it aims to bridge the gap between historical insights and modern economic practices, highlighting the importance of historical context in shaping effective public finance strategies.

Essays translated from the German. Includes bibliographical references (p. 273-283) and index

Originally published in 1961, this influential work serves as a key textbook and primary source for British government expenditure statistics. It lays the groundwork for empirical and analytical studies, exploring government behavior and financial practices. Its significance in academic circles has made it a vital reference for understanding public finance and government operations.

After nearly three and a half -- rather too exciting -- years as a young war-time sailor, Alan Peacock expected to return to a life of quiet contemplation. Instead he became an activist economist frequently engaged in controversies about the conduct of economic policy lasting all his professional life. His earlier experiences at trying to 'do good' will resonate with all those who have attempted to influence political action, but the account is also designed to inform and entertain those who are curious to know whether economists are actually human. The author has lived long enough to have become a Fellow of both the British Academy and Royal Society of Edinburgh and was knighted for public service in 1987.

One of the UK's most distinguished economists, Sir Alan Peacock is also a nonagenarian. As an academic and former civil servant he is well placed to analyze the costs and benefits of retirement, and the courses of action that we can take in anticipation of a lengthening lifespan. In trying to make sense of old age by writing of his later life and memoirs; he views life's travails with a wry and clear-eyed detachment. Unafraid to grasp the realities of the decline of physical independence he steers us through medical practice, bureaucracy and "healthspeak" as well as loss and bereavement. His often light-hearted personal anecdotes reveal a serious point, one being that the ageing also assume a growing responsibility for the aged.