Read and Reading

  • The Rational Optimist
  • •Eating Animals
  • •Civilization: The West and the Rest
  • •Inside the House of Money
  • •More Money than God
  • •How Markets Fail
  • •Too Big to Fail
  • •Security Analysis
  • •The Black Swan
  • •What I Wish I Knew When I Was 20
  • •Justice
  • •Snoop
  • •The General Theory (Keynes)
  • •케인즈를 위한 변명 (The Rise, Fall and Return of the 20th Century's Most Influential Economist, Keynes)
  • •I'm the King of the Castle
  • •The Glass Menagerie
  • •The Empathic Civilization
  • •Inventing Temperature
  • •13 Bankers
  • •Cows, Pigs, Wars and Witches
  • •Why We Need a New Welfare State
  • •A Splendid Exchange: How Trade Shaped the World
  • •세계사를 바꾼 철학의 구라들 (Kleine Geschichte Der Philosophie)
  • •Grace and Grit
  • •Democracy in America
  • •Communism
  • •The Age of the Unthinkable
  • •The Idea of Justice
  • •Capitalism and Freedom
  • •Capitalism, Socialism and Democracy
  • •국가의 부와 빈곤 (The Wealth and Poverty of Nations)
  • •The Importance of Being Earnest

Tuesday, June 29, 2010

Why We Need a New Welfare State by Gøsta Esping-Andersen

This one is more of a report on European welfare states. By comparing the welfare policies of Scandinavian nations with those of the Southern European nations, the authors wish to portray the ideal welfare state.

The authors tackle four major issues that concern our social economy: child-centered social investment, new gender conflict, quality of working life and elderly welfare. Wealth distribution and social welfare have - to some degree - been compromised due to capitalization and globalization. It is convenient to think that the adherence to market comes at the expense of income equality. However, despite this conventional belief, the authors argue that it is possible to establish a welfare state which still promotes innovation and incentivizes private firms. And this is a certified statement.

The book is very factual and informative, and a lot of the facts are summarized in tables - which are not exactly easy to interpret. Highly recommended for those who are interested in health care/public policy.

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