Download or read book The Welfare State as Piggy Bank written by N. A. Barr and published by Oxford University Press. This book was released on 2001 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central discussion is that the welfare state exists for additional reasons to poverty relief. If all poverty and social exclusion could be eradicated, people would still need to insure themselves and to redistribute over the life cycle. Barr argues the welfare state is here to stay. He also explores ways in which the welfare state can and will adapt to economic and social change and includes solutions.