The Economics of the Welfare State
This new fourth 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 argues that the welfare state exists not just to help the underprivileged, but also for efficiency reasons, in areas where private markets would be inefficient or would not exist at all. The boo...more
Paperback, 430 pages
Published August 26th 2004 by Oxford University Press, USA
(first published May 27th 2004)
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