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<titleInfo>
<title>Wealth and Welfare States:</title>
<subTitle>Is America a Laggard or Leader?</subTitle>
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<name type="Personal Name" authority="">
<namePart>Garfinkle, Irwin</namePart>
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<place><placeTerm type="text">New York</placeTerm></place>
<publisher>Oxford University Press</publisher>
<dateIssued>2010</dateIssued>
<issuance>monographic</issuance>
<edition>1st</edition>
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<languageTerm type="code">en</languageTerm>
<languageTerm type="text">English</languageTerm>
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<note>This book explores the role of the welfare state in the overall wealth and wellbeing of nations and in particular looks at the American welfare state in comparison with other developed nations in Europe and elsewhere.It is widely believed that the welfare state undermines productivity and economic growth, that the United States has an unusually small welfare state, and that it is, and always has been, a welfare state laggard. This book shows that all rich nations, including the United States, have large welfare states because the socialized programs that comprise the welfare state-public education and health and social insurance--enhance the productivity of capitalism. In public education, the most productive part of the welfare state, for most of the 19th and 20th centuries, the United States was a leader.</note>
<subject authority=""><topic>Economic growt</topic></subject>
<subject authority=""><topic>American Walfare State</topic></subject>
<classification>NONE</classification><identifier type="isbn">9780199579310</identifier><location>
<physicalLocation>Podomoro University Digital Library</physicalLocation>
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