Social Insurance, An Economic Analysis
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In our eReader you can find the full English version of the book. Read Social Insurance, An Economic Analysis Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Social Insurance, An Economic Analysis
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, does effective accumula- tion for old age become possible. 1 What will be the effect on thrift of the different methods of providing for old age by social legislation? Thrift will be affected by either weakening of the motives to saving or lessening of the ability to save. The only motive to save that would be affected by social provision for old age is the desire to make independent provision for old age. The reduction of this desire can obviously have weight only to the extent that the desi...re itself is effective, only, that is, to the extent that provision for the years of dependence is actually made by the working class by thrift at the present time. Social legislation, on the other hand, would diminish the practical possibility of exercising thrift only to the extent that it reduced wages.
There are three principal ways in which governments have tried to solve the problem of destitution in old age. They have sought to encourage and stimulate thrift. France and Belgium have established old-age-pension institutions, which offer definite pensions in return for a given amount of deposits.
What to read after Social Insurance, An Economic Analysis?
You can find similar books in the "Read Also" column, or choose other free books by Robert Morse Woodbury to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
, does effective accumula- tion for old age become possible. 1 What will be the effect on thrift of the different methods of providing for old age by social legislation? Thrift will be affected by either weakening of the motives to saving or lessening of the ability to save. The only motive to save that would be affected by social provision for old age is the desire to make independent provision for old age. The reduction of this desire can obviously have weight only to the extent that the desi...re itself is effective, only, that is, to the extent that provision for the years of dependence is actually made by the working class by thrift at the present time. Social legislation, on the other hand, would diminish the practical possibility of exercising thrift only to the extent that it reduced wages.
There are three principal ways in which governments have tried to solve the problem of destitution in old age. They have sought to encourage and stimulate thrift. France and Belgium have established old-age-pension institutions, which offer definite pensions in return for a given amount of deposits.
What to read after Social Insurance, An Economic Analysis?
You can find similar books in the "Read Also" column, or choose other free books by Robert Morse Woodbury to read onlineMoreLess
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