The Rise Of Social Spending (1880-1930)
@owid.lindert
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@owid.lindert
A closer look at the dawn of social spending before 1930 reinterprets the timing, sources, and effects of its rise. New data and tests suggest that income growth played less of a role in shaping the rise of social transfers than did democracy, demography, and religion. Even in that early half-century the aging of the adult population was a leading force raising government transfers, especially pensions, and cutting support for schooling.
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