The United States: Social Security Policy Innovations and Economic Development

James Midgley

Chapter 6 in Social Security, the Economy and Development, 2008, pp 160-186 from Palgrave Macmillan

Abstract: Abstract Debates about the relationship between social security and economic development have flourished in the United States in recent decades. These debates have also inspired much international discourse on this topic. Indeed, the vigorous advocacy of market liberalism by American social scientists has exerted considerable global influence. These social scientists have argued persuasively that government income protection programmes have a negative impact on economic development and should be replaced with market-based provisions which, they believe, are economically preferable to statutory programmes. Of course, arguments against income protection programmes in the United States have been generalized to all forms of government welfare intervention. All government social programmes, it is frequently claimed, have negative economic consequences.

Keywords: Social Security; Saving Account; Welfare Recipient; Russell Sage Foundation; Unemployment Insurance Programme (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58219-4_7

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DOI: 10.1057/9780230582194_7

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