Growing Public: Volume 2, Further Evidence

Growing Public: Volume 2, Further Evidence
Author :
Publisher : Cambridge University Press
Total Pages : 244
Release :
ISBN-10 : 9781139453585
ISBN-13 : 1139453580
Rating : 4/5 (580 Downloads)

Book Synopsis Growing Public: Volume 2, Further Evidence by : Peter H. Lindert

Download or read book Growing Public: Volume 2, Further Evidence written by Peter H. Lindert and published by Cambridge University Press. This book was released on 2004-04-19 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


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