A common assumption in political economy is that voters are self-regarding maximizers of material goods, choosing their preferred level of social spending accordingly. In contrast, students of American social policy have emphasized the key role of an other-regarding motive that makes support for...

The government is rightly concerned with employment generation to make growth inclusive. The use of the open unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the absence of unemployment insurance, open unemployment is...