EconPapers    
Economics at your fingertips  
 

Unhelpful Abstractions and the Standard View

Cass Sunstein

Econ Journal Watch, 2015, vol. 12, issue 1, 68-71

Abstract: It is not fruitful to puzzle over the question whether economists and others ‘favor’ or ‘lean’ toward the regulatory or welfare state; that is an unhelpful and confusing question, one that orients people in the wrong way. It is better to begin by emphasizing that the first should be designed to handle market failures, and that the second should be designed to respond to economic deprivation and unjustified inequality.

Keywords: Welfare state; regulatory state; regulation; redistribution; economists (search for similar items in EconPapers)
JEL-codes: A13 A14 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://econjwatch.org/File+download/849/SunsteinJan2015.pdf?mimetype=pdf (application/pdf)
https://econjwatch.org/962 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ejw:journl:v:12:y:2015:i:1:p:68-71

Access Statistics for this article

Econ Journal Watch is currently edited by Daniel Klein

More articles in Econ Journal Watch from Econ Journal Watch Contact information at EDIRC.
Bibliographic data for series maintained by Jason Briggeman ().

 
Page updated 2020-11-29
Handle: RePEc:ejw:journl:v:12:y:2015:i:1:p:68-71