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9780521197861

No Wealth but Life: Welfare Economics and the Welfare State in Britain, 1880–1945

by
  • ISBN13:

    9780521197861

  • ISBN10:

    0521197864

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2010-03-22
  • Publisher: Cambridge University Press

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Summary

This book re-examines early-twentieth-century British welfare economics in the context of the emergence of the welfare state. There are fresh views of the well-known Cambridge School of Sidgwick, Marshall, Pigou, and Keynes, by Peter Groenewegen, Steven G. Medema, and Martin Daunton. This is placed against a less well-known Oxford approach to welfare: Yuichi Shionoya explores its foundations in the idealist philosophy of T. H. Green; Roger E. Backhouse considers the work of its leading exponent, J. A. Hobson; and Tamotsu Nishizawa discusses the spread of this approach in Britain. Finally, the book covers welfare economics in the policy arena: Maria Cristina Marcuzzo and Atsushi Komine discuss Keynes and Beveridge, and Richard Toye points to the possible influence of H. G. Wells on Churchill and Lloyd George. A substantial introduction frames the discussion, and a postscript relates these ideas to the work of Robbins and subsequent developments in welfare economics.

Table of Contents

Contributorsp. vii
Prefacep. ix
Introduction: Towards a Reinterpretation of the History of Welfare Economicsp. 1
Cambridge Welfare Economics and the Welfare State
Marshall on Welfare Economics and the Welfare Statep. 25
Pigou's “Prima Facie Case”: Market Failure in Theory and Practicep. 42
Welfare, Taxation and Social Justice: Reflections on Cambridge Economists from Marshall to Keynesp. 62
Oxford Ethics and The Problem of Welfare
The Oxford Approach to the Philosophical Foundations of the Welfare Statep. 91
J. A. Hobson as a Welfare Economistp. 114
The Ethico-Historical Approach Abroad: The Case of Fukudap. 136
Welfare Economics in the Policy Arena
‘The Great Educator of Unlikely People’: H. G. Wells and the Origins of the Welfare Statep. 161
Whose Welfare State? Beveridge versus Keynesp. 189
Beveridge on a Welfare Society: An Integration of His Trilogyp. 207
Postscript
Welfare Economics, Old and Newp. 223
Indexp. 237
Table of Contents provided by Ingram. All Rights Reserved.

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