The theory of “Maximum Social Advantage” in Public Finance was given by

  1. Robbins
  2. Musgarve
  3. Findley
  4. Dalten
Manish Listener Asked on 5th November 2014 in Finance.
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    Dalton

    The theory of “Maximum Social Advantage” in Public Finance was given by Edward Hugh John Neale Dalton. Hugh Dalton was the British economist. According to Dalton system of public finance is the best which secures maximum social advantage to the community.

    RE: The theory of


    The “Principle of Maximum Social Advantage (MSA)’ is the fundamental principle of Public Finance.
    The Principle of maximum Social Advantage states that public finance leads to economic welfare when expenditure & taxation are carried out up to that point where the benefits derived from the MU (Marginal Utility) of expenditure is equal to the Marginal Dis utility of the sacrifice imposed by taxation.

    Monis Rasool Professor Answered on 20th April 2015.
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