Economics of the Welfare State

Paperback | March 9, 2012

byNicholas BarrEditorAlex Lazarus-Priestly, Kirsten Shankland

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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, inareas 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 CentreFor students:- Web links- Further reading- Links to related Oxford Scholarship Online titlesFor lecturers:- PowerPoint slides - these have been expanded for the fifth edition

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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, inareas where the private markets would be ineff...

Nicholas Barr is Professor of Public Economics in the European Institute at the London School of Economics.

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Format:PaperbackDimensions:420 pages, 9.69 × 7.44 × 0.01 inPublished:March 9, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199297819

ISBN - 13:9780199297818

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Table of Contents

Part 1: Concepts1. Introduction2. Political theory: Social justice and the state3. Economic theory 1: State intervention4. Economic theory 2: Insurance5. Problems of definition and measurementPart 2: Cash benefits6. Insurance: Unemployment, sickness, and disability7. Consumption smoothing: Old age pensions8. Poverty relief9. Strategies for reformPart 3: Benefits in kind10. Health and health care11. School education12. Higher educationPart 4: Epilogue13. Conclusion