In recent decades, Western nations have increasingly implemented encompassing welfare state reforms that try to establish equality through social programs and governmental intervention rather than direct redistribution of funds. In this book, Christoph Arndt examines the political ramifications of reforming deeply entrenched welfare states through a careful comparative analysis of four European countries that recalibrated their system of social protection under social democratic governments.  Arndt discovers that the "third way" has produced a setback for social democrats and that the nature and scale of this setback is contingent on each country’s electoral system.

Winner of the 1998 Paul A. Samuelson Award given by TIAA-CREF, The Evolution of Retirement is the first comprehensive economic history of retirement in America. With life expectancies steadily increasing, the retirement rate of men over age 64 has risen drastically. Dora L. Costa looks at factors underlying this increase and shows the dramatic implications of her findings for both the general public and the U.S. government. Using statistical, and demographic concepts, Costa sheds light on such important topics as rising incomes and retirement, work and disease, the job prospects of older workers, living arrangements of the elderly, the development of a retirement lifestyle, and pensions and politics.

"[Costa's] major contribution is to show that, even without Social Security and Medicare, retirement would have expanded dramatically."—Robert J. Samuelson, New Republic

"An important book on a topic which has become popular with historians and is of major significance to politicians and economists."—Margaret Walsh, Business History