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Growing Public: Volume 2, Further Evidence

Social Spending and Economic Growth since the Eighteenth Century

Growing Public: Volume 2, Further Evidence by Peter H. Lindert
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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.
Cambridge University Press; April 2004
242 pages; ISBN 9780511192708
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Title: Growing Public: Volume 2, Further Evidence
Author: Peter H. Lindert
 
ISBNs
0511192703
9780511192708
9780521821759