If conservatives hold that market mechanisms are optimal, or at least adequate, to discharge society’s obligation to the poor, then why do so many of them advocate policy changes which incentivize savings? This paper will answer that question three ways. Conservatives have power-political, ideological, and ethical reasons to support asset formation among low-income families.
Project: Inclusion in Asset Building: Research and Policy Symposium
Citation
Nadler, R. (2000, September). Asset accumulation for the poor? A view from the right (CSD Perspective No. 00-26). St. Louis, MO: Washington University, Center for Social Development.