About the Increasing Role of Public Finances and the Significance of Active State Regulation

Abstract

This study written about Csaba Lentner’s book entitled Change of Regime and Financial Policy – Facts and False Beliefs About the Neo-Liberal Concept of Transition to a Market Economy and the Unconventional Instruments Used in Public Finance Since 2010, which was published by Akadémiai Publishing House in 2016. Everybody knows that in the period after the 2007–2008 crisis, the practical methods and scientific schools advocating that the promotion of economic growth and financial stability is maintainable through active and reasonable state influence of the economy also strengthened in Hungary. One of the most
prominent and trendsetting professors of these efforts is Csaba Lentner, who outlined, in his book Change of Regime and Financial Policy, ideas worth familiarizing with and inviting professional discussions. More than a quarter of a century after the change of regime, the applied economic policy models and system taxonomies are still repeatedly compared and the new comparative methods emerge overwhelmingly, confirming the significance of and scientific grounding for statecraft, including public financing and good governance.