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HomeMIT 14.01 Principles of Microeconomics, Fall 2023Lec 21: Social Insurance
Lec 21: Social Insurance
49:13
In this lecture, Prof. Gruber introduces the topic of social insurance, a form of social welfare that provides insurance against economic risks. Additional topics include tradeoffs and social security. Keywords: insurance, tradeoffs, social security, risks, welfare, asymmetric information