In the United States, where health insurance and other social benefits are often tied to employment, many people view the “welfare state” as a crutch for the poor. But changes in gender roles, the demonstrated shortcomings of private health insurance and varying employment patterns make such thinking woefully obsolete. Professor Nicholas Barr argues, in this cogent analysis for executives and policy experts, that today’s outdated policies do not reflect new realities that make judicious intervention by governments more important than ever.
In this summary, you will learn
- Why employment and social transitions in the early 21st century call for a redesigned welfare state,
- What risks to individual security are emerging and
- How different combinations of funding sources can achieve workable solutions.
About the Author
Nicholas Barr is a professor at the London School of Economics and Political Science