The Economics of Welfare

This landmark new text charts the latest developments in economic research relevant to farm animal welfare. A range of global experts and key opinion leaders outline the challenges in achieving sustainable livestock production while improving farm profit, climate change and animal welfare, and make policy-relevant recommendations for the future.

Since the first edition of this book in 1987, it has been widely recognized as a comprehensive and definitive text on the economics of the welfare state its efficiency, its fairness, and its relevance to the whole population, not just to the poor.

"This is an important, innovative, intelligent book about how welfare markets are made and remade in the EU. Integrating insights from sociological theories of markets and marketization, the book’s analytical framework emphasizes the actions of non-state actors – consumers, employers, firms and workers – in welfare market dynamics. This framework, together with the book’s methodologically diverse and empirically rich case studies, offers a strong foundation and clear agenda for future research on welfare marketization, wherever it happens." — Gabrielle Meagher, Macquarie University, Australia

"This is an important, innovative, intelligent book about how welfare markets are made and remade in the EU. Integrating insights from sociological theories of markets and marketization, the book’s analytical framework emphasizes the actions of non-state actors – consumers, employers, firms and workers – in welfare market dynamics. This framework, together with the book’s methodologically diverse and empirically rich case studies, offers a strong foundation and clear agenda for future research on welfare marketization, wherever it happens." — Gabrielle Meagher, Macquarie University, Australia