“John Goodman is a national treasure whose New Way to Care: Social Protections That Put Families First should be national policy. It is pragmatic, knowledgeable, and accessible. Read it and help to accomplish John’s wise advice.”
Description
The COVID-19 pandemic. Obamacare. The Great Recession. The dot-com bust. The early ’90s recession. Every decade or so a disaster hits the United States and reminds us that many American families live one calamity away from financial ruin. But what if there were a better way to help families protect themselves from life’s risks? And what if that way did not require bloated government bureaucracies, increased taxes, and runaway spending and debt?
Fortunately, author, economist, policy entrepreneur, and Independent Institute Senior Fellow John C. Goodman, Ph.D., has forged just such a path.
In New Way to Care: Social Protections That Put Families First, Dr. Goodman offers a bold but practical strategy for giving Americans more control and security over their own finances and destiny, while still promoting—at far less expense—the vital social goals that gave rise to well-intended but failing government safety-net programs.
Here are just a few of the life-risks to which Dr. Goodman—the “Father of Health Savings Accounts,” according to the Wall Street Journal—presents solutions:
- Growing too old and outliving one’s assets
- Dying too young and leaving dependent family members without resources
- Becoming disabled and facing financial catastrophe
- Suffering a major health event and being unable to afford needed medical care
- Becoming unemployed and finding no market for one’s skills.
In New Way to Care, Dr. Goodman invites us to envision smartly crafted social protections that better empower and serve the nation’s families, harmonize individual and societal interests, foster personal responsibility and government accountability, bridge the partisan divide over social spending—and eliminate the risk that America’s safety-net expenditures will drive the U.S. economy over a fiscal cliff. The debate in America over social insurance will never be the same.
Reviews
“John Goodman is an extraordinarily deep, knowledgeable, and original architect of American domestic policy. His book New Way to Care provides a compelling path out of our terrible social insurance policy morass. It is a must read for anyone truly seeking to make America great again.”
“Long one of the nation’s leading health policy experts, Goodman has a history of proposing the next big thing in market-based reforms. New Way to Care takes readers on a tour of federal entitlement programs in search for win-win policy changes that can leave everyone better off. Anyone alarmed that the safety net will not remain safe can find cause for hope here.”
“No one has worked longer and more effectively at creating a modern, people-oriented and affordable health system than John Goodman. He is an amazing pioneer and his book New Way to Care reflects his knowledge and his insights. In the book, he shows what’s wrong with our antiquated system of social insurance. Other countries, he writes, have found better solutions that merit our attention.”