The author makes a pedagogical contribution to optimal income taxation. Using a very simple model adapted from George A. Akerlof (1978), he demonstrates a key result in the approach to public economics and welfare economics pioneered by Nobel laureate James Mirrlees. He shows how incomplete information, in addition to the need to preserve…

Preserving existing revenues is an essential component of the work of school business officials. The broad ranges of activities that can affect school district revenues make identifying potential threats difficult. By understanding the issues that affect school district revenue, school business officials are better able to diminish its erosion--a…

Discusses factors accounting for poverty trends since 1965: government transfers, human resource and employment policies, macroeconomic conditions, demographic change, and changing education. Criticizes the current transfer system (including social insurance and welfare programs) for adverse effects on economic and social behavior. Available from…

Explores two alternatives to the local school property tax: a power equalizing property tax and a statewide tax. Compares effects on tax burdens and service levels for 13 cities in San Diego County. Available from American Journal of Economics and Sociology, 50 East 69th Street, New York, NY 10021; sc $3.00. (Author/JM)

Describes the debate in Canada about using property taxes to fund education. Reviews alternatives to the property tax and discusses education funding in provinces across Canada. (LMI)

Offers statistics showing community colleges to be one of the most cost-effective segments of higher education. Compares figures for public and private two- and four-year colleges with respect to tuition; federal, state, and local revenues; appropriations and grants; student financial aid; tax support; per capita government assistance; and…