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A Qualified Defence of the Welfare State
Author(s) -
Jackson P. M.
Publication year - 1994
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.1468-0270.1994.tb00225.x
Subject(s) - scope (computer science) , welfare , public economics , economics , state (computer science) , welfare state , outcome (game theory) , business , market economy , microeconomics , political science , law , computer science , algorithm , politics , programming language
Beveridge envisaged National Insurance as a last resort scheme which would shrink as economic growth improved. The reverse has been the outcome. Targeting of the oldest and neediest, and the poorest families, would make more sense. The scope for private substitutes for state welfare is limited.