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.
General
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