The Economic Borders of the State

This volume brings together economists and political scientists to present an assessment of the new government policies known as "Thatcherism", which have dominated the 1980s. Contributors focus on the underlying political economy and the role and purpose of the state in the economy.

'The general standard of these papers is high. They are clearly written, free of technicalities, and judicious.' Robert Sugden, Economic Journal

Klappentext
Here, distinguished contributors focus on four principal subjects: value judgments and welfare economics; freedom, distribution, and the welfare state; instrumental efficiency and politics; as well as applications of the state in economics.

Zusammenfassung
One of the central themes of politics in the 1980s was the rolling back of the state's economic borders, placing greater emphasis on the role of individual choice and markets allocating resources. This book is a collection of papers, largely specially commissioned, which assess this theme, and which have been written by economists and political scientists. * Contributors: Dieter Helm, Alan Ryan, Wilfred Beckerman, Amartya Sen, Partha Dasgupta, John Gray, Robert Skidelsky, Gillian Peele, Christopher Allsopp, John Kay, Andrew Dilnot, Colin Mayer, and Stephen Smith.

Inhalt
Dieter Helm: The economic borders of the State; Alan Ryan: Value-judgements and welfare; Wilfred Beckerman: How large a public sector?; Amartya Sen: The moral standing of the market; Partha Dasgupta: Positive freedom, markets, and the welfare state; John Gray: Hayek on the market economy and the limits of state action; Robert Skidelsky: Keynes and the state; Gillian Peele: Contemporary conservatism and the borders of state; Christopher Allsopp: The macro-economic role of the state; John Kay: The economic functions of the tax system; Andrew Dilnot: Social security policy, defining the borders of the state; Colin Mayer: Public ownership: concepts and applications; Dieter Helm & Stephen Smith: The decentralized state: The economic borders of local government

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