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On the Feasibility of a Liberal Welfare State: Agency and Exit Costs in Income Security Clubs

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  • Roger Congleton

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  • Roger Congleton, 2007. "On the Feasibility of a Liberal Welfare State: Agency and Exit Costs in Income Security Clubs," Constitutional Political Economy, Springer, vol. 18(3), pages 145-159, September.
  • Handle: RePEc:kap:copoec:v:18:y:2007:i:3:p:145-159
    DOI: 10.1007/s10602-007-9018-0
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    References listed on IDEAS

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    1. Congleton, Roger D & Shughart, William F, II, 1990. "The Growth of Social Security: Electoral Push or Political Pull?," Economic Inquiry, Western Economic Association International, vol. 28(1), pages 109-132, January.
    2. Roland Benabou, 2000. "Unequal Societies: Income Distribution and the Social Contract," American Economic Review, American Economic Association, vol. 90(1), pages 96-129, March.
    3. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416-416.
    4. Browning, Edgar K, 1975. "Why the Social Insurance Budget Is Too Large in a Democracy," Economic Inquiry, Western Economic Association International, vol. 13(3), pages 373-388, September.
    5. Fong, Christina, 2001. "Social preferences, self-interest, and the demand for redistribution," Journal of Public Economics, Elsevier, vol. 82(2), pages 225-246, November.
    6. John R. Lott & Jr. & Lawrence W. Kenny, 1999. "Did Women's Suffrage Change the Size and Scope of Government?," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1163-1198, December.
    7. Brennan,Geoffrey & Hamlin,Alan, 2000. "Democratic Devices and Desires," Cambridge Books, Cambridge University Press, number 9780521639774.
    8. Kotlikoff, Laurence J & Persson, Torsten & Svensson, Lars E O, 1988. "Social Contracts as Assets: A Possible Solution to the Time-Consistency Problem," American Economic Review, American Economic Association, vol. 78(4), pages 662-677, September.
    9. Albert Breton & Gianluigi Galeotti & Pierre Salmon & Ronald Wintrobe, 2003. "Rational Foundations of Democratic Politics," Post-Print hal-00445584, HAL.
    10. Hochman, Harold M & Rodgers, James D, 1969. "Pareto Optimal Redistribution," American Economic Review, American Economic Association, vol. 59(4), pages 542-557, Part I Se.
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    Citations

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    Cited by:

    1. Gerhard Wegner, 2009. "Substantive versus Procedural Liberalism: Exploring a Dilemma of Contemporary Liberal Thought," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(3), pages 535-557, September.
    2. Åsbjørn Melkevik, 2016. "No progressive taxation without discrimination? On the generality of the law in the classical liberal tradition," Constitutional Political Economy, Springer, vol. 27(4), pages 418-434, December.
    3. Otto Lehto & John Meadowcroft, 2021. "Welfare without rent seeking? Buchanan’s demogrant proposal and the possibility of a constitutional welfare state," Constitutional Political Economy, Springer, vol. 32(2), pages 145-164, June.
    4. Goulão, Catarina, 2014. "Voluntary Public Health Insurance," TSE Working Papers 14-488, Toulouse School of Economics (TSE).
    5. Christopher S. Martin & Nikolai G. Wenzel, 2020. "Generality and knowledge: Hayek's constitutional theory of the liberal state," Constitutional Political Economy, Springer, vol. 31(2), pages 145-168, June.
    6. Roger Congleton, 2010. "Thoughts on Daniel Shapiro's “Is the welfare state justified?”," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(1), pages 103-105, March.
    7. Catarina Goulão, 2015. "Voluntary public health insurance," Public Choice, Springer, vol. 162(1), pages 135-157, January.

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    More about this item

    Keywords

    Social Insurance; Agency Problems; Exit; Averse Selection; Welfare State; Social Security; Public Choice; Constitutional Economics; Liberalism; H4; D6; P5;
    All these keywords.

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods
    • D6 - Microeconomics - - Welfare Economics
    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems

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