Public finance sentence example
In spite of the troubled times in which he lived, Frederick was a successful ruler, and introduced a regular system of public finance into his lands.
Regulations were framed for the purpose of establishing adequate supervision over the revenue and expenditure for the abolition of irregular taxation and extortions, as well as the practice of farming out the collection of the revenue to individuals, and, generally, to adapt the whole collection and expenditure of the national revenue to modern ideas of public finance.
The expressions " science of finance " and " public finance " have been suggested as suitable to delimit the last mentioned application.
The theory of well-organized public finance is also discussed under Taxation and National Debt.
By means of his freedmen the emperor introduced the more rigorous economy of the Roman household into public finance.Advertisement
Such a real underlying unity is the reason and justification for regarding " public finance " as a distinct subject of study and as an independent division of political science.
The broad resemblance between the two parts of the entire system of public finance is seen in another direction.
Economy in the matter of public finance implies a grain of severity in the collection of taxes as well as.
The commercial policy of a state is merely the reflex of its system of public finance (see e.g.English Finance).