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Full Description
This book re-examines early twentieth-century British welfare economics in the context of the emergence of the welfare state. There are fresh views of the well-known Cambridge School of Sidgwick, Marshall, Pigou, and Keynes, by Peter Groenewegen, Steven G. Medema, and Martin Daunton. This is placed against a less well-known Oxford approach to welfare: Yuichi Shionoya explores its foundations in the idealist philosophy of T. H. Green; Roger E. Backhouse considers the work of its leading exponent, J. A. Hobson; and Tamotsu Nishizawa discusses the spread of this approach in Britain. Finally, the book covers welfare economics in the policy arena: Maria Cristina Marcuzzo and Atsushi Komine discuss Keynes and Beveridge, and Richard Toye points to the possible influence of H. G. Wells on Churchill and Lloyd George. A substantial introduction frames the discussion, and a postscript relates these ideas to the work of Robbins and subsequent developments in welfare economics.
Contents
1. Introduction: towards a reinterpretation of the history of welfare economics Roger E. Backhouse and Tamotsu Nishizawa; Part I. Cambridge Welfare Economics and the Welfare State: 2. Marshall on welfare economics and the welfare state Peter Groenewegen; 3. Pigou's 'prima facie case': market failure in theory and practice Steven G. Medema; 4. Welfare, taxation and social justice: reflections on Cambridge economists from Marshall to Keynes Martin Daunton; Part II. Oxford Ethics and the Problem of Welfare: 5. The Oxford approach to the philosophical foundations of the welfare state Yuichi Shionoya; 6. J. A. Hobson as a welfare economist Roger E. Backhouse; 7. The ethico-historical approach abroad: the case of Fukuda Tamotsu Nishizawa; Part III. Welfare Economics in the Policy Arena: 8. 'The great educator of unlikely people': H. G. Wells and the origins of the welfare state Richard Toye; 9. Whose welfare state? Beveridge versus Keynes Maria Cristina Marcuzzo; 10. Beveridge on a welfare society: an integration of his trilogy Atsushi Komine; Part IV. Postscript: 11. Welfare economics, old and new Roger E. Backhouse and Tamotsu Nishizawa.
