This book represents an attempt to sketch out, across a host of policy topics, a realistic strategy for shrinking the welfare state. The book looks backward to human history and even to prehistory to examine the origins of capital formation. As the facts demonstrate, politics has always been intimately linked with investment, understood in the broadest sense of the word.
Inhaltsverzeichnis
Introduction / 1
1. A Short History of Saving and Investment / 10
2. American Political Realignment and the Origins of Welfare / 35
3. Wall Street and the Second Economic Revolution / 54
4. Depression and the New Deal / 86
5. The Great Social Security Debate / 110
6. The New Health-Care Imperative / 142
7. Houses, Highways, and Physical Capital
8. Education, Training, and Human Capital / 217
9. The Savings Strategy for Shrinking the Welfare State / 258
Conclusion / 277
Notes / 285
Index / 303
