…shorter hours, although that may well be a welfare-improving choice. But what Denmark shows is that you can run a welfare state far more generous than we do – beyond…

…analysis Coase challenged and the standard examples he re-examined were taken from Pigou’s discussion in part II of The Economics of Welfare. Coase argued that the suggested courses of action…

…on U.S. Prices and Welfare (NBER Working Paper No. 25672), Mary Amiti, Stephen J. Redding, and David Weinstein find that the costs of the new tariff structure were largely passed…

…tax the rich more, fine. If you want more welfare, fine. But don’t do it to Social Security, which works, and has worked for eighty years exactly because it is…

…approximations must be useful and that approximations can’t be useful – it is not just totally wrong, it is internally inconsistent http://angrybearblog.com/2009/10/schizzo-welfare-economics.html This is very weak argument, but it was…

…welfare? The answer is, not necessarily. It could be that spending on roads is already too low, even if it is somewhat wasteful, and that cutting spending will just make…

…I mean roughly what Lane Kenworthy means by “social democratic capitalism”: “political democracy plus capitalism plus education plus a big welfare state plus high employment”. (This is from his new…

…was a widespread perception that programs like Aid to Families With Dependent Children basically helped “Those” People . . . you know, the bums on welfare, the welfare queens driving…

…Hayek controversially argued that welfare state policies could inadvertently put us on a slippery slope to totalitarianism and central planning, but he never really explained how this would happen, and…

…whilst all the while giving utmost consideration to Human Welfare and to the protection of the Natural Environment. We study history so as to better understand and be able to…