Growing public: social spending and economic growth since the eighteenth century

Growing 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...

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Bibliographische Detailangaben
1. Verfasser: Lindert, Peter H. 1940- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cambridge [u.a.] Cambridge Univ. Press
Schlagworte:
Zusammenfassung:Growing 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. (Midwest).

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