(Download) "Assets and the Poor" by Michael Sherraden & Neil Gilbert ~ Book PDF Kindle ePub Free

July 31, 2021

eBook details

Title: Assets and the Poor
Author : Michael Sherraden & Neil Gilbert
Release Date : January 16, 2016
Genre: History,Books,Politics & Current Events,
Pages : * pages
Size : 2832 KB

Description

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.