DAVID REISMAN is Professor of Economics in the University of Surrey. He is the author of Adam Smith's Sociological Economics, Richard Titmuss: Welfare and Society, Galbraith and Market Capitalism, State and Welfare, The Economics of Alfred Marshall, Alfred Marshall: Progress and Politics, The Political Economy of James Buchanan, Theories of Collective Action, Alfred Marshall's Mission, The Political Economy of Health Care, Market and Health, Crosland's Future: Opportunity and Outcome, Anthony Crosland: The Mixed Economy and Conservative Capitalism.

'Like Durkheim's and Weber's, Titmuss' reputation as one of the great innovators in the social sciences will survive and grow. His achievement will be the subject of continuous review and reappraisal. David Reisman's book is greatly to be welcomed as one of the first contributions to that debate and as an exciting and original work in its own right'. - Robert Pinker 'This was a brave book to write...is brightly written and eminently readable'. - T.H.Marshall, Journal of Social Policy

• Acknowledgements Introduction PART I: THE STATUS OF SOCIAL POLICY The Definition of Social Policy Some Methodological Considerations Part One: Evaluations and Extensions PART II: SELECTIVITY Selectivity Part Two: Evaluations and Extensions PART III: UNIVERSALISM Universalism I: Social Costs and Social Benefits Universalism II: Integration and Involvement Universalism III; Planned Redistribution Part Three: Evaluations and Extensions PART FOUR: THE FAILURE OF THE MARKET The Failure of the Market I: Quality The Failure of the Market II: Choice The Failure of the Market III: Quantity The Failure of the Market IV: Price Part Four: Evaluations and Extensions Conclusions References Index