 | William Beveridge (March 5, 1879 - March 16, 1963) on Workers and The Market(published by RevoltSource) |
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| William Beveridge (March 5, 1879 - March 16, 1963) on Workers and The Market(published by RevoltSource) |
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1st Baron Beveridge, British Welfare State Architect, British Economist, Liberal Politician, Progressive and Social Reformer
: British economist and Liberal politician who was a progressive and social reformer who played a central role in designing the British welfare state. His 1942 report Social Insurance and Allied Services (known as the Beveridge Report) served as the basis for the welfare state put in place by the Labour government elected in 1945. (From: Wikipedia.org.)
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Quote #1 on Economic Struggle Quotes >> Workers and The Market
“Money spent on drink does not give employment to the miner, but to the brewer; money spent on milk does not help to solve the problem of the unemployed engineer. It may be said that consumer' demand should be supreme, and that, if the consumer so ordains, the miner should become a brewer and the engineer a dairy farmer. While the argument can be accepted for the long run, it is impracticable for the short run.”
Source: "Full Employment in a Free Society," by Lord Beveridge, George Allen & Unwin Ltd, 1967, originally published 1944. Part 4: A Full employment Policy for Peace, Page 185.
"Full Employment in a Free Society," by Lord Beveridge, George Allen & Unwin Ltd, 1967, originally published 1944.
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