14.41 Public Finance and Public Policy (Fall 2024, MIT OCW): Lecture 12

14.41 Public Finance and Public Policy

14.41 Public Finance and Public Policy (Fall 2024, MIT OCW). Instructor: Prof. Jonathan Gruber. This course explores the role of government in the economy, applying tools of basic microeconomics to answer important policy questions. Topics include the government response to global warming, school choice by K-12 students, Social Security versus private retirement savings accounts, government versus private health insurance, setting income tax rates for individuals and corporations.

The course aims to provide an understanding of the reasons for government intervention in the economy, the extent of that intervention, and the response of private agents to the government's actions. (from ocw.mit.edu)

Lecture 12 - Other Social Insurance Programs

In this lecture, Prof. Gruber discusses three other social insurance programs: unemployment insurance; disability insurance, and workers' compensation

Go to the Course Home or watch other lectures:

Lecture 01 - Why Study Public Finance?

Lecture 02 - Externalities in Theory

Lecture 03 - Externalities in Theory and Practice

Lecture 04 - Externalities in Practice II

Lecture 05 - Public Goods Theory, Optimality and Pricing

Lecture 06 - Cost/Benefit Analysis

Lecture 07 - Political Economy

Lecture 08 - Local Public Goods and Fiscal Federalism

Lecture 09 - Public Provision of Private Goods: Education

Lecture 10 - Social Insurance Theory

Lecture 11 - Social Security