Growing Public: Volume 1, The Story
Social Spending and Economic Growth Since the Eighteenth Century Story v.1
By (author) Peter H. Lindert
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Growing Public: Volume 1, The Story by Peter H. Lindert
Book DescriptionGrowing Public examines the question of whether social policies that redistribute income impose constraints on economic growth. Taxes and transfers have been debated for centuries, but only now can we get a clear view of the whole evolution of social spending. 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 aging, 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.
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Book DetailsISBN: 9780521529167
(228mm x 152mm x 22mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 12-Jan-2004
Country of Publication: United Kingdom
Books By Author Peter H. Lindert
Unequal Gains, Hardback (April 2016)
"Unequal Gains offers a radically new understanding of the economi c evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today."--Provided by publisher.
Growing Public: Volume 2, Further Evidence, Paperback (December 2009)
Growing Public examines the question of whether social policies that redistribute income impose constraints on economic growth.
Growing Public: Volume 1, the Story, Hardback (January 2004)» View all books by Peter H. Lindert
Examines the question of whether social policies that redistribute income impose constraints on economic growth.
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