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The Welfare State As Piggy Bank


The Welfare State As Piggy Bank
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The Welfare State As Piggy Bank


The Welfare State As Piggy Bank
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Author : Nicholas Barr
language : en
Publisher: OUP Oxford
Release Date : 2001-05-10

The Welfare State As Piggy Bank written by Nicholas Barr and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-05-10 with Business & Economics categories.


Of the many functions of the welfare state, two are particularly prominent: the 'Robin Hood' function - the provision of poverty relief, the redistribution of income and wealth, and the reduction of social exclusion; and the 'piggy bank' function - ensuring mechanisms for insurance and for redistribution over the life cycle. The piggy-bank function, unlike the redistributive purpose of the welfare state, has received relatively little attention, and is not widely understood. This book redresses the balance. Nicholas Barr's central contention is that—-contrary to popular opinion—-the welfare state exists for reasons additional to poverty relief. These reasons - encapsulated by the piggy-bank function - arise out of pervasive problems of imperfect information, risk, and uncertainty. Even if all poverty and social exclusion could be eradicated, people would still need to insure themselves and to redistribute over the life cycle. As a result, Barr argues, the welfare state is here to stay, since twenty-first century developments do nothing to undermine these reasons. He also explores ways in which the welfare state can and will adapt to economic and social change, including specific, and sometimes novel, solutions. The analysis in "The Welfare State as Piggy Bank" is international, applying to advanced industrial countries, as well as addressing post-communist countries, and touching upon middle-income developing countries. Barr's approach is contemporary and forward-thinking. His discussion ranges over a number of topics of central relevance to life in the twenty-first century, including genetic screening and its impact on insurance; the convergence of private and social insurance; how to finance long-term care; pension reform in the light of fluid family structures and a mobile workforce; loans for financing investment in human capital; and new ways of involving private finance in tertiary education.



The Welfare State As Piggy Bank


The Welfare State As Piggy Bank
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Author : N. A. Barr
language : en
Publisher:
Release Date : 2001

The Welfare State As Piggy Bank written by N. A. Barr and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.




Economics Of The Welfare State


Economics Of The Welfare State
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Author : N. A. Barr
language : en
Publisher: Oxford University Press, USA
Release Date : 2012-03

Economics Of The Welfare State written by N. A. Barr and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03 with Business & Economics categories.


The fifth edition of this successful textbook discusses the different parts of the welfare system and, in particular, cash benefits, the health service, and education. The text is organized into four parts: Concepts, Cash benefits, Benefits in kind, and Epilogue.



Man Vs The Welfare State


Man Vs The Welfare State
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Author : Henry Hazlitt
language : en
Publisher: Ludwig von Mises Institute
Release Date : 1971

Man Vs The Welfare State written by Henry Hazlitt and has been published by Ludwig von Mises Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Finance, Public United States categories.




The Welfare State Revisited


The Welfare State Revisited
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Author : José Antonio Ocampo
language : en
Publisher: Columbia University Press
Release Date : 2018-03-27

The Welfare State Revisited written by José Antonio Ocampo and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-27 with Political Science categories.


The 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.



The Economics Of The Welfare State


The Economics Of The Welfare State
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Author : N. A. Barr
language : en
Publisher:
Release Date : 1998

The Economics Of The Welfare State written by N. A. Barr and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.


When this book was first published in 1987 it was widely recognised as a comprehensive and definitive text on the economics of the welfare state - its efficiency, its fairness and its relevance to the whole population, not just to the poor. Although written specifically for students of economics, a diverse readership, including students of social administration and public policy, has been kept in mind throughout. Each of the technical chapters has an appendix which explains the results in non-technical terms. Nicholas Barr has included a number of new- largely forward-looking - topics in this latest edition: longer-term insurance to cover disability and residential care in old age; the impact of genetic screening on medical insurance and life insurance; challenges to the welfare state, including demographic change, globalization, changes in family structure, and changes in the structure of jobs; and debates about the welfare state - is it desirable; and , if desirable, is it any longer feasible, given demographic and other challenges? The Economics of the Welfare State deserves to remain at the top of every student's reading list for public economics, social economics and social policy. Endorsements of second edition: "Nicholas Barr has written a very good book which deserves to become a standard text on the economics of the welfare state" Journal of Social Policy "... a detailed, tightly argued discussion of both the aims and the methods of social policy ... its didactic layout and style makes it accessible to students of the subject and even to non-economists like myself...He has written a text for the years to come, intelligent, thorough, informative and clear." Sir Ralph Dahrendorf - Times Higher Education Supplement "Economists seeking a unified treatment of the economics of the welfare state can stop searching. They will find Nicholas Barr's well-organised, lucidly-written volume a welcome alternative to the fragmented, incomplete discussions that appear in textbooks on public economics, labour economics and poverty and income inequality...By persistently asking the kinds of questions an economist should ask about policy issues, and sensibly answering them, the book teaches readers much about the value of an economic approach to policy issues." Journal of Economic Literature



Cash And Care


Cash And Care
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Author : Glendinning, Caroline
language : en
Publisher: Policy Press
Release Date : 2006-09-25

Cash And Care written by Glendinning, Caroline and has been published by Policy Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-09-25 with Medical categories.


'Cash and Care' gathers reflective overview pieces and findings from new empirical research by a group of distinguished international experts. It links the twin themes of cash and care within the broader contexts of disability, carework and disadvantage, and locates these within recent social trends.



Stealing From Each Other


Stealing From Each Other
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Author : Edgar K. Browning
language : en
Publisher: Praeger
Release Date : 2008-06-30

Stealing From Each Other written by Edgar K. Browning and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-30 with Business & Economics categories.


Almost all Americans would be better off if none of the federal welfare-state policies of the last century—including Social Security—had ever been enacted. So argues economist Edgar Browning, and with good reason: In 1900, government played a very small role in the day-to-day activities of American citizens. There was no income tax. No Social Security. No federal welfare programs. No minimum wage laws. No federal involvement in education. Government was small, spending well under 10 percent of our incomes. But now, federal, state, and local governments spend more than 33 percent of our incomes. Why has government grown so much over the past century? The answer, in Browning's devastating critique of the modern welfare state, is simple: the rise of egalitarian ideology—an ideology that has not just harmed the economy but made us all poorer. This book examines all facets of the welfare state in the U.S. and its egalitarian underpinnings. Egalitarians claim, for instance, that markets are unfair and that we must have redistributive policies to produce social justice. This reasoning supposedly justifies the two-thirds of federal spending that simply robs Peter to pay Paul. We are stealing from each other. Browning's research and trenchant analysis show that: -Almost all U.S. citizens are harmed by the welfare state—even many of its apparent beneficiaries. -Welfare-state policies have large hidden costs which all told have reduced the average income of Americans by about 25 percent. -There is much less inequality and poverty than is commonly believed. -Most taxpayers will receive less back from Social Security than they put in. Provocative? Indeed. But such conclusions result from the most thoroughgoing economic analysis of the modern welfare state yet written. Written for a general audience, Stealing from Each Other covers everything informed citizens need to know about inequality, poverty, welfare, Social Security, taxation, and the true costs of government redistributive policies.



Dysfunctions Of The Welfare State


Dysfunctions Of The Welfare State
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Author : Joel Gibbons
language : en
Publisher: Routledge
Release Date : 2017-07-05

Dysfunctions Of The Welfare State written by Joel Gibbons and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.


This timely analysis of today's economic realities relates the headlines to the long term causes from which they spring. Why did we have a worldwide financial crisis in 2008? Is stimulus the answer, and what are its risks and potential returns? Why are our investments so unprofitable? Why are our citizens struggling to find work? Why do we repeatedly confuse effort with results? The author finds the answers to these questions in the dysfunctions of the welfare state.Economics is the science of the creation and exchange of value, but Gross Domestic Product (GDP) confuses value with the creation and exchange of "goods and services." Along the way, GDP has become a measure not of value created, but of effort expended and of costs incurred. This confusion has become the cornerstone of policy manipulation of "the economy," because it is very easy to incur costs, though not so easy to create value. Policymakers are not eager to correct this discrepancy because it is easier to manufacture costs through brute force than to produce results that have real value.This book pins down the major contributors to these distortions in a number of specific areas, including education, science and engineering, hospitals and other medical facilities, the public utility transmission grids, and in the trade deficit. It also pursues the distortions caused by short-sighted public policy in the capital markets. The book concludes with a discussion of market efficiency and inefficiency leading to the conclusion that policy intervention into the capital markets reduces their capacity to allocate capital productively. The author addresses this broad topic from the unique perspective of someone who has contributed both to the theoretical analysis and to the actual practice of markets.



The Future Of The Welfare State


The Future Of The Welfare State
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Author : Bent Greve
language : en
Publisher: Routledge
Release Date : 2016-03-16

The Future Of The Welfare State written by Bent Greve and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-16 with Business & Economics categories.


A common belief is that the European welfare states are in a position of crisis or heading towards one with the process of globalization removing any hopes of eventual worldwide welfare. This book challenges this assumption arguing that a proper understanding of the future role of the welfare state requires a broader social perspective that encompasses the interaction of economic, political and social processes. The Future of the Welfare State provides an interdisciplinary analysis of the practical and theoretical challenges which the welfare state (and progress towards world welfare) can and must meet in the future.