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Seller's Description:
Very Good. Size: 9x6x0; Volume 2. Bound in blue cloth. Gilt lettering. Hardcover. Good binding and cover. Shelf wear. Some pages creased. Clean, unmarked pages. "Peter Lindert has written a dazzling book. He takes on one of the grand topics of economics the rise of social spending and offers us a remarkable combination of new data, historical insight, political analysis, and economic assessment. Amazingly, Lindert comes up with fresh, convincing, and important insights on issues that have been debated for decades. Two of Lindert's major conclusions are that the spread of democracy has historically played a pivotal role in the rise of social expenditures; and that social spending has not gravely weakened economic incentives and long-term economic growth, despite the drumbeat of criticisms from free-market devotees. Indeed Lindert concludes that the net national costs of social transfers, and of the taxes that finance them, are essentially zero. This powerful book will be widely read and debated for many years to come." Jeffrey D. Sachs, Director, The Earth Institute at Columbia University.
