Europe’s Crisis and the Welfare State: Lessons for America
The heavy debt burdens of Greece and other European welfare states are the result of profligate entitlement spending and a lack of fiscal discipline. The United States is facing its own debt problem, driven by the rising costs of Social Security, Medicare, and Medicaid. The so-called social contract between present and future generations cannot be sustained — political promises will be broken. The newly published issue of Cato Journal examines the influence of the welfare state on Europe’s economic crisis, the reforms necessary to end that crisis, and the lessons America can learn.
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Spring/Summer 2013
Vol. 33 No. 2 Subscribe
Europe's Crisis and the Welfare State: Lessons for America
Articles
- Editor’s Note
By James A. Dorn PDF- Introduction: Europe’s Crisis and the Welfare State
By Michael D. Tanner PDF- Europe and the United States: On the Fiscal Brink?
By Jagadeesh Gokhale and Erin Partin PDF- Is America Becoming Greece?
By Michael D. Tanner PDF- American and European Welfare States: Similar Causes, Similar Effects
By Pierre Lemieux PDF- Lessons from Europe’s Debt Crisis for the United States
By Desmond Lachman PDF- Is Austerity the Answer to Europe’s Crisis?
By Veronique de Rugy PDF- Choosing the Best Policy Mix to Cure Europe’s Stagnation
By Pascal Salin PDF- Challenges for the German Welfare State before and after the Global Financial Crisis
By Mark Hallerberg PDF- Estonia and the European Debt Crisis
By Juhan Parts PDF- The Welfare State as an Underlying Cause of Spain’s Debt Crisis
By Pedro Schwartz PDF- Market Failures, Government Solutions, and Moral Perceptions
By Dwight R. Lee and J. R. Clark PDF
- Canada’s Fiscal Reforms
By Chris Edwards PDF
