Abstract
There are many entitlements the state supermarket and its politicians have granted over the years without the foresight provided by study and confirmation of whether these are affordable and sustainable. As usual, short-termism has had the upper hand. Among these entitlements the most voracious in a financing sense have been:
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Jobs provided by the state;
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Free education (see Chapter 3);
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Pensions (see section 2.4);
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Health care for all (see sections 2.5 and 2.6).
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Notes
John Kenneth Galbraith, The Affluent Society, Penguin Books, London, 1970.
See D.N. Chorafas, Financial Boom and Gloom: The Credit and Banking Crisis of 2007–2009 and Beyond, Palgrave Macmillan, London, 2009.
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© 2013 Dimitris N. Chorafas
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Chorafas, D.N. (2013). Entitlements. In: Household Finance. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137299451_2
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DOI: https://doi.org/10.1057/9781137299451_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-45276-7
Online ISBN: 978-1-137-29945-1
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