50 Things That Made the Modern Economy

Tim Harford tells the fascinating stories of inventions, ideas and innovations which have helped create the economic world.

http://www.bbc.co.uk/programmes/p04b1g3c

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Welfare State


The same basic idea links every welfare state: that the ultimate responsibility for ensuring people don’t starve on the street should lie not with family, or charity, or private insurers, but with government. This idea is not without its enemies. It is possible, after all, to mother too much. Every parent instinctively knows that there’s a balance: protect, but don’t mollycoddle; nurture resilience, not dependence. And if overprotective parenting stunts personal growth, might too-generous welfare states stunt economic growth? Producer: Ben Crighton Editors: Richard Knight and Richard Vadon (Image: Frances Perkins, Credit: Getty Images)


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 October 7, 2017  9m