Social Welfare

Chile's economic miracle is examined through the lens of pension reform, revealing complex legacies and potential trade-offs between growth and social welfare.

Chile's 1970s pension reform introduced Personal Retirement Accounts (PRAs), replacing the state-run pay-as-you-go system under President Augusto Pinochet's leadership.

Explore the impact of neoliberalism on Chile's economy and society, from the 1973 military coup to the implementation of free market reforms.

State insurance emerged as a comprehensive social program in Japan and Britain, addressing poverty, inequality, and lack of access to healthcare and education.

Explore the evolution of social welfare from charity to state insurance, understanding key figures, mechanisms, and processes that shaped modern welfare states.

Scotland's 18th-century mathematicians and theologians pioneered modern insurance with sound actuarial and financial principles.