The Welfare State as Piggy Bank

Information, Risk, Uncertainty, and the Role of the State

Gebonden Engels 2001 9780199246595
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This book is about economics and its application to the welfare state. Its core argument is that the welfare state exists for reasons additional to poverty relief, reasons arising out of pervasive problems of imperfect information, risk, and uncertainty. Barr focuses on the efficiency argument, indicating that the welfare state is here to stay, and discusses the ways in which it can and will adapt to economic and social change.

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          The Welfare State as Piggy Bank