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Originally Posted by Scucca  Why are you bothering to compare the UK and the US? They're virtually peas in the pod when it comes to poverty analysis (the only difference being the UK has higher pre-intervention poverty and has a slightly more effective welfare policy). |
In what measurable way is the UK better at welfare policy? What other countries in Europe do you want to compare?
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Originally Posted by Scucca I'm doing something a tad more than that. I'm saying that if you compare welfare state systems, the more effective systems coincide with higher home ownership rates. Housing tenure becomes a means to self-insure. |
Do you mean to say the states with less well run systems tend to have higher home ownership so that the poor in those countries have some form of insurance?
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Originally Posted by Scucca As I said, I'd make a distinction between types of market failure. Externalities are consistent with home ownership. We have to refer to other problems to highlight the potential inefficiencies from the rental market |
"The survey estimated that:
"25 per cent of the adult population live in poverty;
2 per cent are rising from poverty;
12 per cent are potentially vulnerable to poverty; and
61 per cent do not live in poverty. "
Why are these numbers so incredibly different from the CIA worldfactbook?