Economic pressure on states in the 1980s have led a number in this country to market lotteries in an unprecedentedly aggressive manner. This book was inspired by the author's experience with the New Jersey state lottery during a period of major growth. Karcher examines lotteries from a historical, psychological, and philosophical perspective, offering a reflective and cogent explanation of their popularity. He looks at the fluctuating popularity of state-sponsored gambling and the consequent peaking and fattening of revenues, exposing the measures lottery commissions sometimes take in order to increase revenues.Self policed lottery commissions, he predicts, will resort to marketing abuses and increasingly prey upon the poor if they are given unbridled power to act. Karcher suggests thoughtful, easily implemented, and constructive reforms. As more state governments inevitably turn to lotteries as a way out of tax dilemmas, this book will contribute to the public discourse on this important policy issue.

Excise taxes on smoking, drinking, gambling, polluting, and driving are always topical and controversial. Not only are these taxes convenient sources of government revenue, they can also be designed to reflect the external costs that consumers or producers of excisable products impose on other people. Global warming, acid rain, traffic congestion, and the economic costs of cigarette and alcohol consumption are problems that can be corrected through selective excise taxes and other regulatory instruments. Excise taxes, moreover, are increasingly looked upon as revenue substitutes for distortionary taxes on capital and labour. Addressing these and other issues, this book by internationally recognized experts analyses the art of excise taxation, providing a systematic, insightful, and often provocative treatment of a major fiscal instrument that policy-makers often neglect, and that gets little attention in the professional literature. It provides a sound understanding, not only of relevant economic theory, but of the myriad institutional details that are crucial for the practical application of that theory.

Comprehensive study of the financial system of the USSR - covers economic administration, organisational forms of financing, budgeting, taxation, profits, accounting, banking, etc. Statistical tables, and bibliography.

First published in 1997, this volume responded to a current national concern with quality control. Part 1 addresses issues including the US trade deficit, international lending to Brazil and the traditional theory of international finance. Part 2 explores topics such as the history of statistics in the West and former East and the haphazard axiomatic methodological basis of traditional econometrics. Finally, part 3 consists of 7 papers on applied economics and finance, including predicting the success of takeover bids and an examination of the economic determinants of juvenile crime in New York City.