Economics Dictionary of Arguments

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Social policy: Social policy refers to government actions and programs designed to address societal issues, such as healthcare, education, welfare, and employment. See also Education, Education policiy, Welfare state, Healthcare system.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Adam Smith on Social Policy - Dictionary of Arguments

Otteson I 52
Social policy/Adam Smith/Otteson: (…) although Smith(1) is open to considering positive government intervention in the economy and taxation for things other than to supply (…) justice, many things that governments routinely provide in the world today would be disqualified by Smith's account.
>Goverment/Adam Smith
, >Interventions/Adam Smith, >Education/Adam Smith,
>Justice/Adam Smith, >Government policy/Adam Smith.
Eamples: Retirement funding (Social Security, for example), welfare benefits, job training, disability, public libraries or universities, national parks, health care, and many other government programs would be disallowed - all because they could be provided privately, would benefit one group at the expense of another, or both.
Cf. >Liberalism, >Libertarianism, >Communitarianism, >Anarchism, >Free market/Adam Smith.
Government/Adam Smith: the Smithian government is quite small by contemporary standards.

1. Smith, Adam. (1776) The Wealth of Nations. London: W. Strahan and T. Cadell.

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconSmith I
Adam Smith
The Theory of Moral Sentiments London 2010

EconSmithV I
Vernon L. Smith
Rationality in Economics: Constructivist and Ecological Forms Cambridge 2009

Otteson I
James R. Otteson
The Essential Adam Smith Vancouver: Fraser Institute. 2018


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