2015

Yes, There Are Hayekian Welfare States (At Least in Theory)

Reprint No. 2015:6

Author(s): Andreas BerghYear: 2015 Title: Econ Journal Watch Volume (No.): 12 (1) Pages: 22–27

Yes, There Are Hayekian Welfare States (At Least in Theory) Andreas Bergh


The neoclassical problem of distortionary taxation and the Hayekian knowledge problem are two different lines of argumentation against government interventions. When it applies, the Hayekian argument against government intervention is stronger than the neoclassical argument, because interventions can be designed to minimize distortions, but governments cannot escapethe knowledge problem. A Hayekian welfare state would combine low levels of regulation with social insurance schemes that are not terribly vulnerable to the knowledge problem.


Reference:
Bergh, Andreas (2015), "Yes, There Are Hayekian Welfare States (At Least in Theory)". Econ Journal Watch 12(1), 22–27.

Andreas Bergh

Contact

Mob: 070 779 0734
andreas.bergh@ifn.se

Integrating Immigrants into the Nordic Labour Markets

An Overall Perspective

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Denmark, Finland, Norway and Sweden face similar problems of integrating large groups of immigrants, especially low-educated ones from outside the EU, into their labour markets. In this volume, edited by Lars Calmfors, IFN, and Nora Sánchez Gassen in cooperation with researchers from across the Nordic Region analyse how labour market integration of immigrants can be promoted. 

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