The Trade-Off Between Social Insurance and Financialization: Is There a Better Way?

The Trade-Off Between Social Insurance and Financialization: Is There a Better Way?

The more a government spends on social insurance, the less likely households are to fall into debt. Social insurance includes pensions, health care, family allowances and parental leave, job training, income support, unemployment spending, and other such policies. Spending on these policies enables households to build up assets and reduce debt.

Monica Prasad

Niskanen Center

August 20, 2019

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By |2019-08-21T08:28:58-07:00January 1st, 2018|Financial Regulation, Inequality, Political Economy, Reference|