Understanding the Cost of Welfare

The challenge of meeting the growing cost of welfare is one of the most pressing issues facing governments of our time. Glennerster’s authoritative Understanding the cost of welfare assesses what welfare costs and how it is funded sector-by-sector. The book is written in a clear, accessible style, ideally suited to both teaching and study, and the general reader.

This substantially revised third edition includes:

• Discussion of the many funding issues now facing welfare states, such as de...