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Growing Public Volume 2 Further Evidence

Growing Public Volume 2 Further Evidence Social Spending and Economic Growth Since the Eighteenth Century

Paperback (24 Dec 2009)

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Publisher's Synopsis

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.

About the Publisher

Cambridge University Press

Cambridge University Press dates from 1534 and is part of the University of Cambridge. We further the University's mission by disseminating knowledge in the pursuit of education, learning and research at the highest international levels of excellence.

Book information

ISBN: 9780521529174
Publisher: Cambridge University Press
Imprint: Cambridge University Press
Pub date:
DEWEY: 339.522
DEWEY edition: 22
Language: English
Number of pages: 230
Weight: 378g
Height: 232mm
Width: 163mm
Spine width: 15mm