Description
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. 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
