Competitive Unemployment Insurance in the Market Economy

Michael Beenstock*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Protection, against unemployment through ‘national insurance’ ignores differences in the risk of unemployment and imposes a higher cost on the worse‐off. Professor Michael Beenstock, of the City University Business School, proposes the radical innovation of unemployment insurance supplied by the market to loosen rigidities in the supply of labour, discipline trigger‐happy employers, and reduce the burden of taxation.

Original languageEnglish
Pages (from-to)10-13
Number of pages4
JournalEconomic Affairs
Volume6
Issue number6
DOIs
StatePublished - Aug 1986

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