Economic Theory and the Welfare State: A Survey and Interpretation
Author(s)
Barr, Nicholas
Abstract
This article surveys the literature on the welfare state in economic theory, presents data on the nature and extent of the welfare state in ten developed countries, and analyzes two areas in detail – cash payments to individuals and financing systems for health care. This summary emphasizes the author’s discussion of economic theory, with only brief treatment of the more empirical and detailed sections.
