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The United States: Social Security Policy Innovations and Economic Development

In: Social Security, the Economy and Development

Author

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  • James Midgley

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.

Suggested Citation

  • James Midgley, 2008. "The United States: Social Security Policy Innovations and Economic Development," Palgrave Macmillan Books, in: James Midgley & Kwong-leung Tang (ed.), Social Security, the Economy and Development, chapter 6, pages 160-186, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58219-4_7
    DOI: 10.1057/9780230582194_7
    as

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