Assets and the Poor: New American Welfare Policy
Explores how asset-building strategies can transform welfare policy and help low-income Americans achieve long-term financial stability.
About This Book
Assets and the Poor examines the role of asset accumulation in reducing poverty and promoting economic stability.
The book proposes a shift from traditional income-based welfare to policies that encourage saving and investment among low-income households.
It presents evidence and arguments for Individual Development Accounts as a practical tool for building financial security.
The work discusses implications for American welfare policy and broader strategies to address economic inequality.
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