Implication Age of States

Many states have Implication age in their constitutions that requires the state to provide for an "ade-quate" level of education spending. What is the economic ranonale for such a requirement? How has the composition of federal, state. and local government spending changed over the past 40 years? What social and economic factors might have contributed to this change in how govern-ments Tend their hinds? 3. Some goods and SeniteS are provided dowdy by the government. while others are ftintled public-ly but provided privately. What is the difference between these two mechanisms of public finagle. lug? Why do sou think the talhe government would use one appnoch sometimes and the other appmach at other tunes? Why does redistribution cause edit 'my losses? Why might society choose to tethth &KC resources from one group to another when doing so minces the overall sire tithe economic pie? If this rationale is correct, in the absence of governmental taxation. will people rend to carnotite too much. too little, of the right amount of Jtohol? What is the role tithe Casgrswsal Budget Office (CLIO)? Why are independence and impatulity important when conducting empirical analyses?                                      

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