Insurance for Unemployment

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Routledge, Feb 1, 2013 - Business & Economics - 120 pages
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First published in 1986, Insurance for Unemployment proposes a radical approach to the reform of unemployment and social insurance. The book develops the ethical, economic and actuarial case for the proposed reforms, whereby the individual pays the contributions which reflect the unemployment risk that he wishes to insure. Such ideas provide a libertarian alternative to the social security systems that have been adopted by most countries in the world based on Beveridge’s conception of social insurance, and the book provides an original basis for privatising unemployment insurance. Conventional acceptance of the welfare state is challenged, while the book stands as a landmark in relating market principles to issues of social policy.

 

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Contents

CHAPTER 1 The Political Economy of Unemployment Insurance
1
CHAPTER 2 Unemployment Insurance in NineteenthCentury Britain
11
CHAPTER 3 The Theory of Unemployment Insurance Pricing
33
CHAPTER 4 Competitive Pricing of Unemployment Insurance in Britain
52
CHAPTER 5 Contemporary Unemployment Insurance Policies
75
CHAPTER 6 Policy Analysis
83
References
99
Index
103
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About the author (2013)

Michael Beenstock is Professor of Economics at Hebrew University of Jerusalem.

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