The Economics of the Welfare State

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The book offers an in-depth analysis of the welfare state's economics, addressing its efficiency, fairness, and broader societal relevance. Aimed at economics students but accessible to those in social administration and public policy, it includes nontechnical appendices for clarity. The latest edition introduces new topics like pension policy and genetic screening's effects on insurance, while exploring contemporary challenges such as demographic shifts, family structure changes, and the feminization of poverty, alongside ongoing debates on the welfare state's desirability and feasibility.