The Welfare of Nations

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Author: James Bartholomew

Publisher: Cato Institute

ISBN: 193970992X

Category: Political Science

Page: 456

View: 2082

What damage is being done by failing welfare states? What lessons can be learned from the best welfare states? And—is it too late to stop welfare states from permanently diminishing the lives and liberties of people around the world? Traveling around the globe, James Bartholomew examines welfare models, searching for the best education, health care, and support services in 11 vastly different countries; illuminating the advantages and disadvantages of other nations' welfare states; and delving into crucial issues such as literacy, poverty, and inequality. This is a hard-hitting and provocative contribution to understanding how welfare states, as the defining form of government today, are changing the very nature of modern civilization.

The Welfare State We're In

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Author: James Bartholomew

Publisher: Biteback Publishing

ISBN: 1849546819

Category: Political Science

Page: 480

View: 4950

The welfare state is one of Britain's crowning achievements. Or is it? In this seminal book, now studied in universities in Britain and elsewhere, James Bartholomew advances the sacrilegious argument that, however well meaning its founders, the welfare state has done more harm than good. He argues that far from being the socialist utopia the post-war generation dreamed of, the welfare state has led to avoidable deaths in the NHS, falling standards in schools, permanent mass unemployment and many other unintended consequences. At a deeper level, he contends that the welfare state has caused millions to live deprived and even depraved lives, undermining the very decency and kindness which first inspired it. This landmark book changed the way many people think about the welfare state. It played a major role in the political debate that led to recent reforms. Now with a new introduction by the author assessing the value of these reforms, this classic text still shocks with the power of its arguments and the weight of its supporting evidence.

The Hidden Wealth of Nations

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Author: David Halpern

Publisher: John Wiley & Sons

ISBN: 0745656277

Category: Political Science

Page: 320

View: 639

Richer nations are happier, yet economic growth doesn't increase happiness. This paradox is explained by the Hidden Wealth of Nations - the extent to which citizens get along with other independently drives both economic growth and well-being. Much of this hidden wealth is expressed in everyday ways, such as our common values, the way we look after our children and elderly, or whether we trust and help strangers. It is a hidden dimension of inequality, and helps to explain why governments have found it so hard to reduce gaps in society. There are also deep cracks in this hidden wealth, in the form of our rising fears of crime, immigration and terror. Using a rich variety of international comparisons and new analysis, the book explores what is happening in contemporary societies from value change to the changing role of governments, and offers suggestions about what policymakers and citizens can do about it.

Wealth and Welfare States

Is America a Laggard Or Leader?

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Author: Irwin Garfinkel,Lee Rainwater,Timothy M. Smeeding

Publisher: Oxford University Press, USA

ISBN: 0199579318

Category: Business & Economics

Page: 254

View: 4526

This book explores the role of the welfare state in the overall wealth and wellbeing of nations and in particular looks at the American welfare state in comparison with other developed nations in Europe and elsewhere. It is widely believed that the welfare state undermines productivity and economic growth, that the United States has an unusually small welfare state, and that it is, and always has been, a welfare state laggard. This book shows that all rich nations, including the United States, have large welfare states because the socialized programs that comprise the welfare state-public education and health and social insurance--enhance the productivity of capitalism. In public education, the most productive part of the welfare state, for most of the 19th and 20th centuries, the United States was a leader. Though few would argue that public education is not part of the welfare state, most previous cross national analyses of welfare states have omitted education. Including education has profound consequences, undergirding the case for the productivity of welfare state programs and the explanation for why all rich nations have large welfare states, and identifying US welfare state leadership. From 1968 through 2006, the United States swung right politically and lost its lead in education and opportunity, failed to adopt universal health insurance and experienced the most rapid explosion of health care costs and economic inequality in the rich world. The American welfare state faces large challenges. Restoring its historical lead in education is the most important but requires investing large sums in education, beginning with universal pre-school and in complementary programs that aid children's development. The American health insurance system is by far the most costly in the rich world, yet fails to insure one sixth of its population, produces below average results, crowds out useful investments in children, and is the least equitably financed. Achieving universal coverage will increase costs. Only complete government financing is likely to restrain long term costs.

The New Wealth of Nations

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Author: Surjit S. Bhalla

Publisher: Simon and Schuster

ISBN: 9386797038

Category: Business & Economics

Page: 320

View: 8513

The emerging world was poor and illiterate just forty years ago. Today, over 70 per cent of the world’s middle class resides in the erstwhile poor countries; world income inequality is down to levels last observed in 1870; and there has been a large reduction in absolute poverty. What accounts for such rapid development and catch-up? Distinguished economist Surjit S. Bhalla’s The New Wealth of Nations offers a short answer—the spread of education. The very large increase in college graduates in the non-Western world, the growing educational achievements of women, and the radical change in gender roles is critical to the understanding of current-day mega-trends. Indeed, this unprecedented development—which creates competition globally and lowers employment costs—is also why world inflation has been low, and declining, for nearly twenty years. Here is a book that breaks new ground. Besides identifying the fallacies in anti-globalization rhetoric—voiced by Brexit and Trump supporters—it points out a major lacuna in current attempts to measure wealth inequality. Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, Bhalla emphatically reminds us that education is the new wealth, and is, in fact, currently of a greater magnitude than financial wealth, and much more equally distributed. Even while acknowledging the giant strides made by the developing world, The New Wealth of Nations investigates the downsides to the explosion of education and technology, and why countries, rich and emerging, will have to explore options like basic income and negative income tax, so that a new welfare order, appropriate for the changed—and changing—21st century can emerge. * Surjit S. Bhalla has been recently appointed as a member of PM Modi’s Economic Advisory Council, and his new work is a ground-breaking achievement that argues for a new welfare order across nations which is better suited for the constantly transforming time we live in. * Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, noted economist Surjit S. Bhalla establishes in his latest book that education is the new wealth of nations. * This book offers insights into the definitions of the poor, the middle class, and the rich, while relating each of these to advances in schooling attainment. It explores the economic reasons behind the political success of globalization in the Western world till the early 2000s, and now its fall from grace in these same countries as notably evidenced by Brexit and the rise of Donald Trump. * Releasing for authors UK visit in February 2018.

American Dream

Three Women, Ten Kids, and a Nation's Drive to End Welfare

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Author: Jason DeParle

Publisher: Penguin

ISBN: 9780143034377

Category: Political Science

Page: 422

View: 1639

Provides an in-depth study of the conflict between government social policy and the realities of life in post-welfare America, focusing on the lives of three women in a single extended family.

The Poverty of Nations

A Sustainable Solution

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Author: Wayne Grudem,Barry Asmus

Publisher: Crossway

ISBN: 143353911X

Category: Religion

Page: 398

View: 4598

We can win the fight against global poverty. Combining penetrating economic analysis with insightful theological reflection, this book sketches a comprehensive plan for increasing wealth and protecting stability at a national level.

The Human Cost of Welfare: How the System Hurts the People It's Supposed to Help

How the System Hurts the People It's Supposed to Help

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Author: Phil Harvey,Lisa Conyers

Publisher: ABC-CLIO

ISBN: 1440845352

Category: Political Science

Page: 206

View: 5295

Why is the welfare system failing to work for so many people? This book examines the problems with the current welfare system and proposes reforms to create a smarter, smaller system that helps people improve their lives through rewarding work. Presents a unique analysis of America's welfare programs and uses real-life examples to show how the current system forces enrollees to stay underemployed or unemployed Offers a well-researched perspective on the relationship between work and happiness and why work is necessary for a happy life Presents a new angle on welfare's shortcomings by focusing on the opinions of more than 100 welfare beneficiaries Provides a variety of recommendations for welfare reform, such as creating wage subsidies for low-income workers, increasing apprenticeships, privatizing welfare, and fixing the Earned Income Tax Credit, among others

War and the Rise of the State

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Author: Bruce D. Porter

Publisher: Simon and Schuster

ISBN: 1439105480

Category: History

Page: 400

View: 7287

States make war, but war also makes states. As Publishers Weekly notes, “Porter, a political scientist at Brigham Young University, demonstrates that wars have been catalysts for increasing the size and power of Western governments since the Renaissance. The state’s monopoly of effective violence has diminished not only individual rights and liberties, but also the ability of local communities and private associates to challenge the centralization of authority. Porter’s originality lies in his thesis that war, breaking down barriers of class, gender, ethnicity, and ideology, also contributes to meritocracy, mobility, and, above all, democratization. Porter also posits the emergence of the “Scientific Warfare State,” a political system in which advanced technology would render obsolete mass participation in war. This provocative study merits wide circulation and serious discussion.”

The Decline of the Welfare State

Demography and Globalization

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Author: Razin

Publisher: MIT Press

ISBN: 9780262264365

Category: Business & Economics

Page: 144

View: 6170

In The Decline of the Welfare State, Assaf Razin and Efraim Sadka use a political economy framework to analyze the effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as we know them. Their timely analysis, supported by a unified theoretical framework and empirical findings, demonstrates how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain itself on its present scale.In much of the developed world, the proportion of the population aged 60 and over is expected to rise dramatically over the coming years -- from 35 percent in 2000 to a projected 66 percent in 2050 in the European Union and from 27 percent to 47 percent in the United States -- which may necessitate higher tax burdens and greater public debt to maintain national pension systems at current levels. Low-skill migration produces additional strains on welfare-state financing because such migrants typically receive benefits that exceed what they pay in taxes. Higher capital taxation, which could potentially be used to finance welfare benefits, is made unlikely by international tax competition brought about by globalization of the capital market. Applying a political economy model and drawing on empirical data from the EU and the United States, the authors draw an unconventional and provocative conclusion from these developments. They argue that the political pressure from both aging and migrant populations indirectly generates political processes that favor trimming rather than expanding the welfare state. The combined pressures of aging, migration, and globalization will shift the balance of political power and generate public support from the majority of the voting population for cutting back traditional welfare state benefits.

The Growth Delusion

Wealth, Poverty, and the Well-Being of Nations

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Author: David Pilling

Publisher: Tim Duggan Books

ISBN: 052557252X

Category: Business & Economics

Page: 304

View: 5747

A provocative critique of the pieties and fallacies of our obsession with economic growth We live in a society in which a priesthood of economists, wielding impenetrable mathematical formulas, set the framework for public debate. Ultimately, it is the perceived health of the economy which determines how much we can spend on our schools, highways, and defense; economists decide how much unemployment is acceptable and whether it is right to print money or bail out profligate banks. The backlash we are currently witnessing suggests that people are turning against the experts and their faulty understanding of our lives. Despite decades of steady economic growth, many citizens feel more pessimistic than ever, and are voting for candidates who voice undisguised contempt for the technocratic elite. For too long, economics has relied on a language which fails to resonate with people's actual experience, and we are now living with the consequences. In this powerful, incisive book, David Pilling reveals the hidden biases of economic orthodoxy and explores the alternatives to GDP, from measures of wealth, equality, and sustainability to measures of subjective wellbeing. Authoritative, provocative, and eye-opening, The Growth Delusion offers witty and unexpected insights into how our society can respond to the needs of real people instead of pursuing growth at any cost.

The Welfare State: A Very Short Introduction

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Author: David Garland

Publisher: Oxford University Press

ISBN: 0199672660

Category: Political Science

Page: 144

View: 6670

The programmes that make up the welfare state vary from nation to nation and from time to time, and the balance between markets and government, and free enterprise and social protection is perennially in question. In contemporary political debate the welfare state seems to be mostly viewed asa problem rather than a solution, and welfare programmes appear constantly on the defensive. ThisVery Short Introduction describes the modern welfare state, explaining its historical and contemporary significance and arguing that far from being 'a failure' or 'a problem', welfare states are an essential element of contemporary capitalism, and a vital concomitant of democratic government.In this accessible and entertaining account, David Garland cuts through the fog of misunderstandings to explain in clear and simple terms, what the welfare state is, how it works, and why it matters.ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, andenthusiasm to make interesting and challenging topics highly readable.

The Welfare of Syrian Refugees

Evidence from Jordan and Lebanon

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Author: Paolo Verme,Chiara Gigliarano,Christina Wieser,Kerren Hedlund,Marc Petzoldt,Marco Santacroce

Publisher: World Bank Publications

ISBN: 1464807736

Category: Social Science

Page: 194

View: 5653

The Syrian refugee crisis, which began in 2011, is one of the most pressing disasters in the world today, with its effects reverberating around the globe. By the end of 2015, more than 7.6 million of the country’s people had been internally displaced and 4.3 million were registered refugees. The number of internally displaced persons and refugees amounts to about half of Syria’s precrisis population. Thousands have died while trying to reach safety. Due to the large humanitarian response, there is now a wealth of available information on refugees’ income and expenses, food and nutrition, health, education, employment, vulnerability, housing, and other measures of well-being. These data have been little explored, as humanitarian organizations face daily challenges that make the full use of existing data very difficult. The Welfare of Syrian Refugees: Evidence from Jordan and Lebanon aims to assess the poverty and vulnerability of these refugees and evaluate existing and alternative policies designed to help them. The authors find that current policies, including cash transfers and food vouchers, are effective in reducing poverty, but fail to lead to— nor are they designed to yield—economic inclusion and self-reliance. Those goals would require a different humanitarian and development paradigm, one that focuses on growth policies for areas affected by refugees where the target population has a mix of refugees and hosting populations. This volume is the result of the first comprehensive collaboration between the World Bank Group and the United Nations High Commissioner for Refugees (UNHCR) and aims to better understand and ultimately improve the well-being of Syrian refugees living in Jordan and Lebanon.

The Public Wealth of Nations

How Management of Public Assets Can Boost or Bust Economic Growth

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Author: D. Detter,S. Fölster

Publisher: Springer

ISBN: 113751986X

Category: Social Science

Page: 230

View: 3500

We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.

The Real Wealth of Nations

Creating a Caring Economics: Easyread Large Edition

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Author: Riane Eisler

Publisher: ReadHowYouWant.com

ISBN: 1442964103

Category: Business & Economics

Page: 644

View: 793

I have called this book The Real Wealth of Nations because it shows that our most important economic assets are not financial that the real wealth of nations consists of the contributions of people and our natural environment. To address the needs of our world today, we have to bring together knowledge from many areas. I therefore draw from many fields in addition to economics, including advances in both the social and natural sciences. I also propose practical steps for moving both economic and social systems in a positive direction. I have written this book to invite discussion and action. It is a book for everyone who wants a better life and a better world, and is looking for practical tools to realize these goals. I am confident that together we can build a new economic system that promotes creativity and generosity rather than greed and destructiveness. Indeed, I am convinced that this is the only viable option at this critical juncture in our cultural and planetary evolution.

Entitled to Nothing

The Struggle for Immigrant Health Care in the Age of Welfare Reform

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Author: Lisa Sun-Hee Park

Publisher: NYU Press

ISBN: 0814768814

Category: Social Science

Page: 213

View: 6534

In Entitled to Nothing, Lisa Sun-Hee Park investigates how the politics of immigration, health care, and welfare are intertwined. Documenting the formal return of the immigrant as a “public charge,” or a burden upon the State, the author shows how the concept has been revived as states adopt punitive policies targeting immigrants of color and require them to “pay back” benefits for which they are legally eligible during a time of intense debate regarding welfare reform. Park argues that the notions of “public charge” and “public burden” were reinvigorated in the 1990s to target immigrant women of reproductive age for deportation and as part of a larger project of “disciplining” immigrants. Drawing on nearly 200 interviews with immigrant organizations, government agencies and safety net providers, as well as careful tracking of policies and media coverage, Park provides vivid, first-person accounts of how struggles over the “public charge” doctrine unfolded on the ground, as well as its consequences for the immigrant community. Ultimately, she shows that the concept of “public charge” continues to lurk in the background, structuring our conception of who can legitimately access public programs and of the moral economy of work and citizenship in the U.S., and makes important policy suggestions for reforming our immigration system.

The Sovereign Individual

Mastering the Transition to the Information Age

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Author: James Dale Davidson,Lord William Rees-Mogg

Publisher: Simon and Schuster

ISBN: 0684832720

Category: Business & Economics

Page: 448

View: 6000

The authors identify both the likely disasters and the potential for prosperity inherent in the advent of the information age.

The Changing Wealth of Nations 2018

Building a Sustainable Future

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Author: Glenn-Marie Lange,Quentin Wodon,Kevin Carey

Publisher: World Bank Publications

ISBN: 1464810478

Category: Business & Economics

Page: 240

View: 644

Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

The Hidden Wealth of Nations

The Scourge of Tax Havens

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Author: Gabriel Zucman

Publisher: University of Chicago Press

ISBN: 022624556X

Category: Business & Economics

Page: 208

View: 6115

We are well aware of the rise of the 1% as the rapid growth of economic inequality has put the majority of the world’s wealth in the pockets of fewer and fewer. One much-discussed solution to this imbalance is to significantly increase the rate at which we tax the wealthy. But with an enormous amount of the world’s wealth hidden in tax havens—in countries like Switzerland, Luxembourg, and the Cayman Islands—this wealth cannot be fully accounted for and taxed fairly. No one, from economists to bankers to politicians, has been able to quantify exactly how much of the world’s assets are currently hidden—until now. Gabriel Zucman is the first economist to offer reliable insight into the actual extent of the world’s money held in tax havens. And it’s staggering. In The Hidden Wealth of Nations, Zucman offers an inventive and sophisticated approach to quantifying how big the problem is, how tax havens work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are a quickly growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over 25%—there has never been as much money held offshore as there is today. This hidden wealth accounts for at least $7.6 trillion, equivalent to 8% of the global financial assets of households. Fighting the notion that any attempts to vanquish tax havens are futile, since some countries will always offer more advantageous tax rates than others, as well the counter-argument that since the financial crisis tax havens have disappeared, Zucman shows how both sides are actually very wrong. In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the enormity of the secret wealth can we begin to estimate the kind of actions that would force tax havens to give up their practices. Zucman’s work has quickly become the gold standard for quantifying the amount of the world’s assets held in havens. In this concise book, he lays out in approachable language how the international banking system works and the dangerous extent to which the large-scale evasion of taxes is undermining the global market as a whole. If we are to find a way to solve the problem of increasing inequality, The Hidden Wealth of Nations is essential reading.