Economics of the Welfare State

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  • Edition: 5th
  • Format: Paperback
  • Copyright: 5/4/2012
  • Publisher: Oxford University Press
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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 argues that the welfare state does not exist just to help the underprivileged, but also for means of efficiency, in areas where the private markets would be inefficient or would not exist at all. Suitable for both economics students and students on related disciplines, this book is accessible and contains a non-technical appendix in every chapter, diagrams, additional readings, worked examples and end of chapter discussions. Online Resource Centre For students: - Web links - Further reading - Links to related Oxford Scholarship Online titles For lecturers: - PowerPoint slides - these have been expanded for the fifth edition

Table of Contents

Part 1: Concepts
1. Introduction
2. Political theory: Social justice and the state
3. Economic theory 1: State intervention
4. Economic theory 2: Insurance
5. Problems of definition and measurement
Part 2: Cash benefits
6. Insurance: Unemployment, sickness, and disability
7. Consumption smoothing: Old age pensions
8. Poverty relief
9. Strategies for reform
Part 3: Benefits in kind
10. Health and health care
11. School education
12. Higher education
Part 4: Epilogue
13. Conclusion

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