The Economics of the Welfare State
Author: N. A. Barr
Publisher:
Published: 1993
Total Pages: 495
ISBN-13: 9780804722056
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Welfare Economics and the Theory of the State
Author: William J. Baumol
Publisher:
Published: 1965
Total Pages: 232
ISBN-13:
DOWNLOAD EBOOKThe Decline of the Welfare State
Author: Assaf Razin
Publisher: MIT Press
Published: 2005-01-21
Total Pages: 152
ISBN-13: 9780262264365
DOWNLOAD EBOOKAn analysis of the welfare state from a political economy perspective that examines the effects of aging populations, migration, and globalization on industrialized economies. In The Decline of the Welfare State, Assaf Razin and Efraim Sadka use a political economy framework to analyze the effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as we know them. Their timely analysis, supported by a unified theoretical framework and empirical findings, demonstrates how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain itself on its present scale. In much of the developed world, the proportion of the population aged 60 and over is expected to rise dramatically over the coming years—from 35 percent in 2000 to a projected 66 percent in 2050 in the European Union and from 27 percent to 47 percent in the United States—which may necessitate higher tax burdens and greater public debt to maintain national pension systems at current levels. Low-skill migration produces additional strains on welfare-state financing because such migrants typically receive benefits that exceed what they pay in taxes. Higher capital taxation, which could potentially be used to finance welfare benefits, is made unlikely by international tax competition brought about by globalization of the capital market. Applying a political economy model and drawing on empirical data from the EU and the United States, the authors draw an unconventional and provocative conclusion from these developments. They argue that the political pressure from both aging and migrant populations indirectly generates political processes that favor trimming rather than expanding the welfare state. The combined pressures of aging, migration, and globalization will shift the balance of political power and generate public support from the majority of the voting population for cutting back traditional welfare state benefits.
Welfare Economics and the Theory of the State
Author: William J. Baumol
Publisher:
Published: 1965
Total Pages: 232
ISBN-13:
DOWNLOAD EBOOKWelfare Economics and Social Choice Theory
Author: Allan M. Feldman
Publisher: Springer Science & Business Media
Published: 2006-06-14
Total Pages: 401
ISBN-13: 038729368X
DOWNLOAD EBOOKThis book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods — and some of the major topics of social choice theory — compensation criteria, fairness, voting. Arrow's Theorem, and the theory of implementation. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms, or other more abstract mechanisms, can improve upon the results of the market. This second edition updates the material of the first, written by Allan Feldman. It incorporates new sections to existing first-edition chapters, and it includes several new ones. Chapters 4, 6, 11, 15 and 16 are new, added in this edition. The first edition of the book grew out of an undergraduate welfare economics course at Brown University. The book is intended for the undergraduate student who has some prior familiarity with microeconomics. However, the book is also useful for graduate students and professionals, economists and non-economists, who want an overview of welfare and social choice results unburdened by detail and mathematical complexity. Welfare economics and social choice both probably suffer from ex cessively technical treatments in professional journals and monographs.
The Rate and Direction of Inventive Activity
Author: National Bureau of Economic Research
Publisher: Princeton University Press
Published: 2015-12-08
Total Pages: 647
ISBN-13: 1400879760
DOWNLOAD EBOOKThe papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
The Welfare State Revisited
Author: José Antonio Ocampo
Publisher: Columbia University Press
Published: 2018-03-27
Total Pages: 380
ISBN-13: 0231546165
DOWNLOAD EBOOKThe welfare state has been under attack for decades, but now more than ever there is a need for strong social protection systems—the best tools we have to combat inequality, support social justice, and even improve economic performance. In this book, José Antonio Ocampo and Joseph E. Stiglitz bring together distinguished contributors to examine the global variations of social programs and make the case for a redesigned twenty-first-century welfare state. The Welfare State Revisited takes on major debates about social well-being, considering the merits of universal versus targeted policies; responses to market failures; integrating welfare and economic development; and how welfare states around the world have changed since the neoliberal turn. Contributors offer prescriptions for how to respond to the demands generated by demographic changes, the changing role of the family, new features of labor markets, the challenges of aging societies, and technological change. They consider how strengthening or weakening social protection programs affects inequality, suggesting ways to facilitate the spread of effective welfare states throughout the world, especially in developing countries. Presenting new insights into the functions the welfare state can fulfill and how to design a more efficient and more equitable system, The Welfare State Revisited is essential reading on the most discussed issues in social welfare today.
Reasons for Welfare
Author: Robert E. Goodin
Publisher: Princeton University Press
Published: 1988-08-21
Total Pages: 444
ISBN-13: 9780691022796
DOWNLOAD EBOOKRobert Goodin passionately and cogently defends the welfare state from current attacks by the New Right. But he contends that the welfare state finds false friends in those on the Old Left who would justify it as a hesitant first step toward some larger, ideally just form of society. Reasons for Welfare, in contrast, offers a defense of the minimal welfare state substantially independent of any such broader commitments, and at the same time better able to withstand challenges from the New Right's moralistic political economy. This defense of the existence of the welfare state is discussed, flanked by criticism of Old Left and New Right arguments that is both acute and devastating. In the author's view, the welfare state is best justified as a device for protecting needy--and hence vulnerable--members of society against the risk of exploitation by those possessing discretionary control over resources that they require. Its task is to protect the interests of those not in a position to protect themselves. Communitarian or egalitarian ideals may lead us to move beyond the welfare state as thus conceived and justified. Moving beyond it, however, does not invalidate the arguments for constantly maintaining at least the minimal protections necessary for vulnerable members of society.
Diverging Pathways
Author: Alan C. Kerckhoff
Publisher: Cambridge University Press
Published: 1993-06-25
Total Pages: 292
ISBN-13: 9780521433976
DOWNLOAD EBOOKSocial arrangements of society's institutions deflect people's achievement patterns. Some schools take only talented students, others take the rest; within schools, students are separated into ability groups. Firms are in different industries and vary in size. During their educational and work careers, people get sorted into these different locations. Diverging Pathways examines that sorting process and shows how it affects people's achievements. Some locations accelerate achievements, others depress them - in elementary, secondary, and postsecondary school programs, and in the labor force. Most important, some people are consistently in the same kinds of locations, repeatedly advantaged or disadvantaged, especially in school. They end up far apart as adults, due in large part to the cumulative effects of the social arrangements they passed through. Diverging Pathways follows the members of a 1958 British birth cohort for the first twenty-three years of their lives. It presents a detailed picture of their family backgrounds and their school and early labor force experiences and achievements. Besides the cumulative effects of institutional locations, it shows major career differences of men and women, and it describes how the interface between postsecondary education and the labor force alters some of the outcomes of elementary and secondary schooling.
Wealth and Welfare States
Author: Irwin Garfinkel
Publisher: Oxford University Press
Published: 2010-01-28
Total Pages: 265
ISBN-13: 019957930X
DOWNLOAD EBOOKIncluding education has profound consequences, undergirding the case for the productivity of welfare state programs and the explanation for why all rich nations have large welfare states, and identifying US welfare state leadership. From 1968 through 2006, the United States swung right politically and lost its lead in education and opportunity, failed to adopt universal health insurance and experienced the most rapid explosion of health care costs and economic inequality in the rich world. The American welfare state faces large challenges. Restoring its historical lead in education is the most important but requires investing large sums in education, beginning with universal pre-school and in complementary programs that aid children's development.
