Abstract
In 1942 Sir William Beveridge recommended that a comprehensive social insurance scheme should be introduced to cover loss of income resulting from loss of earnings caused by unemployment, sickness and retirement.… The social security system must be consistent with the Government’s overall objectives of the economy. The tax burden on future generations should be reduced; incentives for people to take up or remain in work should be improved; and the system should encourage greater indivival responsibility and choice. (Department of Social Security, The Growth of Social Security, London: HMSO, 1993).
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Further reading
Balls, E. and Gregg, G. (1993) Work and Welfare: Tackling the Jobs Deficit, (London: Institute for Public Policy Research).
Clinton D., Yates, M. and Dharminder, K. (1994) Integrating Taxes and Benefits? (London: Institute for Public Policy Research).
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© 1995 Stephen J. Bailey
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Bailey, S.J. (1995). Income Inequalities and Economic Restructuring. In: Public Sector Economics. Macmillan Texts in Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-24004-3_12
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DOI: https://doi.org/10.1007/978-1-349-24004-3_12
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