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Growing Public: Volume 2, Further Evidence

Peter H. Lindert
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      Growing Public examines the question of whether social policies that redistribute income impose constraints on economic growth. What kept prospering nations from using taxes for social programs until the end of the nineteenth century? Why did taxes and spending then grow so much, and what are the prospects for social spending in this century? Why did North America become a leader in public education in some ways and not others? Lindert finds answers in the economic history and logic of political voice, population ageing, and income growth. Contrary to traditional beliefs, the net national costs of government social programs are virtually zero. This book not only shows that no Darwinian mechanism has punished the welfare states, but uses history to explain why this surprising result makes sense. Contrary to the intuition of many economists and the ideology of many politicians, social spending has contributed to, rather than inhibited, economic growth.
      Format: CONTRIBUTORS: Peter H. Lindert EAN: 9780521529174 COUNTRY: United Kingdom PAGES: WEIGHT: 340 g HEIGHT: 226 cm
      PUBLISHED BY: Cambridge University Press DATE PUBLISHED: 2009-12-03 CITY: GENRE: BUSINESS & ECONOMICS / Development / Economic Development WIDTH: 152 cm SPINE:

      Book Themes:

      Development economics and emerging economies

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      Growing Public examines the question of whether social policies that redistribute income impose constraints on economic growth. What kept prospering nations from using taxes for social programs until the end of the nineteenth century? Why did taxes and spending then grow so much, and what are the prospects for social spending in this century? Why did North America become a leader in public education in some ways and not others? Lindert finds answers in the economic history and logic of political voice, population ageing, and income growth. Contrary to traditional beliefs, the net national costs of government social programs are virtually zero. This book not only shows that no Darwinian mechanism has punished the welfare states, but uses history to explain why this surprising result makes sense. Contrary to the intuition of many economists and the ideology of many politicians, social spending has contributed to, rather than inhibited, economic growth.
      Format: CONTRIBUTORS: Peter H. Lindert EAN: 9780521529174 COUNTRY: United Kingdom PAGES: WEIGHT: 340 g HEIGHT: 226 cm
      PUBLISHED BY: Cambridge University Press DATE PUBLISHED: 2009-12-03 CITY: GENRE: BUSINESS & ECONOMICS / Development / Economic Development WIDTH: 152 cm SPINE:

      Book Themes:

      Development economics and emerging economies

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      Be the first to write a review
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