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The Growing Irrelevance of State Pensions
Author(s) -
Warburton Peter
Publication year - 1986
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1986.tb01798.x
Subject(s) - paternalism , argument (complex analysis) , institution , government (linguistics) , state (computer science) , law and economics , population , economics , market economy , public economics , political economy , political science , sociology , law , philosophy , demography , biochemistry , chemistry , linguistics , algorithm , computer science
Economic argument has never been able to justify convincingly the state provision of pensions, and now the increase in wealth throughout the population has made government provision increasingly redundant. PeterWar‐burton, of the stockbrokers L Messel & Company, presents the arguments for fundamental reform into the market of a paternalist and outmoded institution.