Assets and the poor : a new American welfare policy /

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Bibliographic Details
Author / Creator: Sherraden, Michael W. 1948-
Format: Book
Imprint: Armonk, N.Y. : M.E. Sharpe, [1991]
Retention:Retained for Eastern Academic Scholars' Trust (EAST)
Summary: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.
Physical Description:xviii, 324 pages : illustrations ; 24 cm
Bibliography:Includes bibliographical references (pages 303-314) and index.
ISBN:0873326180 :