The Welfare State as Piggy Bank

The Welfare State as Piggy Bank PDF Author: Nicholas Barr
Publisher: OUP Oxford
ISBN: 0191608270
Category : Business & Economics
Languages : en
Pages : 651

Get Book Here

Book Description
Of the many functions of the welfare state, two are particularly prominent: the 'Robin Hood' function - the provision of poverty relief, the redistribution of income and wealth, and the reduction of social exclusion; and the 'piggy bank' function - ensuring mechanisms for insurance and for redistribution over the life cycle. The piggy-bank function, unlike the redistributive purpose of the welfare state, has received relatively little attention, and is not widely understood. This book redresses the balance. Nicholas Barr's central contention is that---contrary to popular opinion---the welfare state exists for reasons additional to poverty relief. These reasons - encapsulated by the piggy-bank function - arise out of pervasive problems of imperfect information, risk, and uncertainty. Even if all poverty and social exclusion could be eradicated, people would still need to insure themselves and to redistribute over the life cycle. As a result, Barr argues, the welfare state is here to stay, since twenty-first century developments do nothing to undermine these reasons. He also explores ways in which the welfare state can and will adapt to economic and social change, including specific, and sometimes novel, solutions. The analysis in "The Welfare State as Piggy Bank" is international, applying to advanced industrial countries, as well as addressing post-communist countries, and touching upon middle-income developing countries. Barr's approach is contemporary and forward-thinking. His discussion ranges over a number of topics of central relevance to life in the twenty-first century, including genetic screening and its impact on insurance; the convergence of private and social insurance; how to finance long-term care; pension reform in the light of fluid family structures and a mobile workforce; loans for financing investment in human capital; and new ways of involving private finance in tertiary education.

The Welfare State as Piggy Bank

The Welfare State as Piggy Bank PDF Author: Nicholas Barr
Publisher: OUP Oxford
ISBN: 0191608270
Category : Business & Economics
Languages : en
Pages : 651

Get Book Here

Book Description
Of the many functions of the welfare state, two are particularly prominent: the 'Robin Hood' function - the provision of poverty relief, the redistribution of income and wealth, and the reduction of social exclusion; and the 'piggy bank' function - ensuring mechanisms for insurance and for redistribution over the life cycle. The piggy-bank function, unlike the redistributive purpose of the welfare state, has received relatively little attention, and is not widely understood. This book redresses the balance. Nicholas Barr's central contention is that---contrary to popular opinion---the welfare state exists for reasons additional to poverty relief. These reasons - encapsulated by the piggy-bank function - arise out of pervasive problems of imperfect information, risk, and uncertainty. Even if all poverty and social exclusion could be eradicated, people would still need to insure themselves and to redistribute over the life cycle. As a result, Barr argues, the welfare state is here to stay, since twenty-first century developments do nothing to undermine these reasons. He also explores ways in which the welfare state can and will adapt to economic and social change, including specific, and sometimes novel, solutions. The analysis in "The Welfare State as Piggy Bank" is international, applying to advanced industrial countries, as well as addressing post-communist countries, and touching upon middle-income developing countries. Barr's approach is contemporary and forward-thinking. His discussion ranges over a number of topics of central relevance to life in the twenty-first century, including genetic screening and its impact on insurance; the convergence of private and social insurance; how to finance long-term care; pension reform in the light of fluid family structures and a mobile workforce; loans for financing investment in human capital; and new ways of involving private finance in tertiary education.

The Welfare State as Piggy Bank

The Welfare State as Piggy Bank PDF Author: N. A. Barr
Publisher: Oxford University Press
ISBN: 0199246599
Category : Business & Economics
Languages : en
Pages : 316

Get Book Here

Book Description
The central discussion is that the welfare state exists for additional reasons to poverty relief. If all poverty and social exclusion could be eradicated, people would still need to insure themselves and to redistribute over the life cycle. Barr argues the welfare state is here to stay. He also explores ways in which the welfare state can and will adapt to economic and social change and includes solutions.

Man Vs. the Welfare State

Man Vs. the Welfare State PDF Author: Henry Hazlitt
Publisher: Ludwig von Mises Institute
ISBN: 1610163990
Category : Finance, Public United States
Languages : en
Pages : 237

Get Book Here

Book Description


The Welfare Trait

The Welfare Trait PDF Author: Adam Perkins
Publisher: Springer
ISBN: 1137555297
Category : Psychology
Languages : en
Pages : 212

Get Book Here

Book Description
The welfare state has a problem: each generation living under its protection has lower work motivation than the previous one. In order to fix this problem we need to understand its causes, lest the welfare state ends up undermining its own economic and social foundations. In The Welfare Trait, award-winning personality researcher Dr Adam Perkins argues that welfare-induced personality mis-development is a significant part of the problem. In support of his theory, Dr Perkins presents data showing that the welfare state can boost the number of children born into disadvantaged households, and that childhood disadvantage promotes the development of an employment-resistant personality profile, characterised by aggressive, antisocial and rule-breaking tendencies. The book concludes by recommending that policy should be altered so that the welfare state no longer increases the number of children born into disadvantaged households. It suggests that, without this change, the welfare state will erode the nation's work ethic by increasing the proportion of individuals in the population who possess an employment-resistant personality profile, due to exposure to the environmental influence of disadvantage in childhood.

Good Times, Bad Times

Good Times, Bad Times PDF Author: Hills, John
Publisher: Policy Press
ISBN: 1447336496
Category : Political Science
Languages : en
Pages : 352

Get Book Here

Book Description
Two-thirds of UK government spending now goes on the welfare state and where the money is spent – healthcare, education, pensions, benefits – is the centre of political and public debate. Much of that debate is dominated by the myth that the population divides into those who benefit from the welfare state and those who pay into it – 'skivers' and 'strivers', 'them' and 'us'. This ground-breaking book, written by one of the UK’s leading social policy experts, uses extensive research and survey evidence to challenge that view. It shows that our complex and ever-changing lives mean that all of us rely on the welfare state throughout our lifetimes, not just a small ‘welfare-dependent’ minority. Using everyday life stories and engaging graphics, Hills clearly demonstrates how the facts are far removed from the myths. This revised edition contains fully updated data, discusses key policy changes and a new preface reflecting on the changed context after the 2015 election and Brexit vote.

The Welfare State as Piggy Bank

The Welfare State as Piggy Bank PDF Author: N. A. Barr
Publisher:
ISBN:
Category :
Languages : en
Pages : 295

Get Book Here

Book Description


The Color of Money

The Color of Money PDF Author: Mehrsa Baradaran
Publisher: Harvard University Press
ISBN: 0674982304
Category : Business & Economics
Languages : en
Pages : 382

Get Book Here

Book Description
“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives

The Transformation of Welfare States?

The Transformation of Welfare States? PDF Author: Nick Ellison
Publisher: Routledge
ISBN: 1134765703
Category : Computers
Languages : en
Pages : 238

Get Book Here

Book Description
'Globalization', institutions and welfare regimes -- The challenge of globalization -- Globalization and welfare regime change -- Towards workfare? : changing labour market policies -- Labour market policies in social democratic and continental regimes -- Population ageing, GEPs and changing pensions systems -- Pensions policies in continental and social regimes -- Conclusion : welfare regimes in a liberalizing world.

Enacting Community Economies Within a Welfare State

Enacting Community Economies Within a Welfare State PDF Author: Teppo Eskelinen
Publisher: Mayflybooks/Ephemera
ISBN: 9781906948511
Category :
Languages : en
Pages : 186

Get Book Here

Book Description
The book presents a number of empirical case studies of community economies in the context of a Nordic welfare state to better understand the potential of community economies and the interaction and friction with state governance, and more generally the conditions in which community economies and Nordic welfare states can co-exist and cooperate.

In Our Hands

In Our Hands PDF Author: Charles Murray
Publisher: Rowman & Littlefield
ISBN: 1442260726
Category : Political Science
Languages : en
Pages : 152

Get Book Here

Book Description
Imagine that the United States were to scrap all its income transfer programs—including Social Security, Medicare, and all forms of welfare—and give every American age twenty-one and older $10,000 a year for life.This is the Plan, a radical new approach to social policy that defies any partisan label. First laid out by Charles Murray a decade ago, the updated edition reflects economic developments since that time. Murray, who previous books include Losing Ground and The Bell Curve, demonstrates that the Plan is financially feasible and the uses detailed analysis to argue that many goals of the welfare state—elimination of poverty, comfortable retirement for everyone, universal access to healthcare—would be better served under the Plan than under the current system. Murray’s goal, shared by Left and Right, is a society in which everyone, including the unluckiest among us, has the opportunity and means to construct a satisfying life. In Our Hands offers a rich and startling new way to think about how that goal might be achieved.