Lecture 25: U.S. Social Insurance Programs

author: Jonathan Gruber, Department of Economics, Massachusetts Institute of Technology, MIT
recorded by: Massachusetts Institute of Technology, MIT
published: Dec. 3, 2012,   recorded: April 2011,   views: 2402
released under terms of: Creative Commons Attribution Non-Commercial Share Alike (CC-BY-NC-SA)
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The majority of government revenue earned is not spent on explicitly redistributive programs, such as those discussed in previous lectures about efficiency and equity. In fact, the majority of government revenue earned is devoted to social insurance. Social insurance is designed to insure individuals against risk in cases where the private market may not effectively provide such insurance. In this lecture, we will begin to learn about the role of social insurance.

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Reviews and comments:

Comment1 Gary Giacomelli, February 12, 2015 at 6:44 p.m.:

This is an excellent series of lectures and I absolutely love this format. The chance to hear a professor of Dr. Gruber's quality on these topics ... on my computer, free, anytime ... is just remarkable. Please produce more of these webinars, particularly in the health policy/economics field. This is necessary information for individuals in the health fields, government, business, and many others. Well done!

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