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Copyright University of Oradea Publishing House (Editura Universitatii din Oradea) Jul 2013

Abstract

Rent-seeking has been an important concept in economics since the 1950s but has not been sufficiently mined in the field of social policy. This paper aims to address this by employing a UK case study to illustrate the relevance of rent-seeking in this context. In doing so it attempts to set out a means of identifying where rents are sought, by whom and the levers they use to extract them. In the UK rent-seeking and welfare is often implicitly linked to 'welfare scrounging'. Here we show that this is not necessarily the case and that rent-seeking has much greater explanatory power in relation to social policy processes and transfers. By also introducing a contextual dimension we demonstrate that market and bureaucratic forms of rent-seeking can operate simultaneously. More work remains to be done to fully articulate these processes, however this constitutes one starting point for this work to develop. [PUBLICATION ABSTRACT]

Details

Title
Rent-Seeking as Social Policy: A UK Case Study
Author
Johns, Nick; Barton, Adrian; Hyde, Mark
Pages
21-31
Publication year
2013
Publication date
Jul 2013
Publisher
University of Oradea Publishing House (Editura Universitatii din Oradea)
ISSN
20672640
e-ISSN
20679861
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1504138646
Copyright
Copyright University of Oradea Publishing House (Editura Universitatii din Oradea) Jul 2013