Public finance and business finance are different. Although public finance may borrow tools and concepts from private finance, they are often applied in different ways and for different reasons. Citing the text, explain how and why public and private finance are different. In your response, highlight the different types of goods each sector provides and include examples. Respond to at least two of your classmates’ postings.
As a public manager, it is important to be well versed in the strategies used to maintain and increase agency budgets. Read Case 2-1 (Case 2-2 of the 7th ed.) in your text and provide a response addressing the following issues: First, identify the budget strategies from the text used by Weinberger. Is there a common logic running through them, or is each independent of the others? Also consider to what extent these strategies would be transferable outside the national defense budget, as well as how successful they may be in a different, more peaceful time.
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