public finance

Public finance and the good life

Public finance and the good life

By Obadiah Mailafia THE sole purpose of government, since Aristotle and Kautilya, is to ensure the peace, security and welfare of the citizenry. The ancient Greek Athenians termed it Eudaimonia or “flourishing”. Entire nations and civilisations have risen and fallen on the basis of the foundations on which their public finances were built. If they […]