The fifth edition of this successful textbook discusses the different parts of the welfare system in particular cash benefits health care & education. The text argues that the welfare state does not exist only to help the underprivileged but also for reasons of efficiency in areas where private markets would be inefficient or would not exist at all. Suitable for economics students & for students on related disciplines such as social policy & political economy this book is accessible & contains a non-technical appendix to each of the theory chapters diagrams additional readings worked examples & end of chapter discussions. Online Resource Centre For students:
- Web links
- Further reading
- Links to related Oxford Scholarship Online titles For lecturers:
- Power Point slides
- these have been expanded for the fifth edition