Research output

Chapter (in Edited Book) ()

Liberal economists and the British welfare state: from Beveridge to the New Right

Citation
Peden G (2017) Liberal economists and the British welfare state: from Beveridge to the New Right . In: Backhouse RE, Bateman BW, Nishizawa T, Plehwe D (ed.). Liberalism and the Welfare State: Economists and Arguments for the Welfare State, Oxford: Oxford University Press, pp. 39-56.

Abstract
The chapter explores changing liberal attitudes to the welfare state. Hayek shared much common ground with Beveridge and Keynes in the 1940s, but saw postwar expansion of welfare services combined with inflationary full-employment policy as a threat to individual liberty. Other liberal economists thought Hayek exaggerated the threat, but were nevertheless critical of state monopoly in welfare provision and were keen to maintain the independence and individual responsibility of citizens. From the 1960s neoliberal ideas that had originally been conceived within the Liberal Party became associated with Conservatism and the New Right. The New Right had a considerable impact on housing policy and set an agenda for free-market alternatives in the provision of health and education services.

Keywords
Beveridge; Hayek; Keynes; inflation; liberal; neoliberal; New Right; unemployment; welfare state

StatusPublished
EditorBackhouse RE, Bateman BW, Nishizawa T, Plehwe D
AuthorsPeden George
Publication date07/09/2017
URLhttps://global.oup.com/…681?cc=gb〈=en&
PublisherOxford University Press
Place of publicationOxford
ISBN 9780190676681
LanguageEnglish
© University of Stirling FK9 4LA Scotland UK • Telephone +44 1786 473171 • Scottish Charity No SC011159
My Portal