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The policy advice that adjusting public finances by cutting welfare is the best way to proceed is far too simplistic

Wenzelburger, Georg (2014) The policy advice that adjusting public finances by cutting welfare is the best way to proceed is far too simplistic. LSE American Politics and Policy (15 Feb 2014). Website.

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Abstract

The argument that cutting social spending is an essential part of necessary fiscal adjustments is pervasive. That slashing welfare does not harm economic growth while tax hikes do is treated as received wisdom by many academics and policymakers. Georg Wenzelburger deconstructs the argument in favour of welfare cuts, writing that we need a much more nuanced understanding of the underlying mechanisms which distinguish successful from unsuccessful adjustments.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2014 The Author; Online
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HJ Public Finance
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 07 Aug 2014 14:00
Last Modified: 21 Oct 2020 23:34
URI: http://eprints.lse.ac.uk/id/eprint/58753

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