Assets and the Poor

Discover a transformative perspective on welfare with Assets and the Poor by Michael Sherraden, published by Taylor & Francis Inc in 1992. This insightful book spans 344 pages and introduces a groundbreaking approach to social policy that transcends traditional income maintenance. Sherraden advocates for an asset-based strategy that encourages individual initiative and self-sufficiency through innovative saving incentives, specifically through Individual Development Accounts (IDAs). This compelling read is essential for anyone interested in economic assistance and public welfare, presenting a forward-thinking framework that aims to empower individuals and foster sustainable financial independence. Explore how Sherraden's vision can reshape our understanding of welfare and economic policy.