Risk, Trust and Welfare
“Risk, Trust and Welfare” by Peter Taylor-Gooby, published by Palgrave Macmillan UK on May 8, 2000, offers a comprehensive examination of how individuals perceive and manage the risks and uncertainties inherent in modern life. Spanning 240 pages, this book presents both theoretical discussions and empirical evidence drawn from national surveys that explore various topics, including lone parenthood, healthcare, and personal finance.
Readers will find insights into the relationship between social class, gender, and access to support networks in shaping people’s confidence in navigating uncertainty. The book argues that policies based on the assumption of individuals as self-interested rational actors may lead to ineffective outcomes and undermine the vital social capital of trust. Through its exploration of public policy and social welfare, “Risk, Trust and Welfare” contributes to the discourse on economics and political science, making it a relevant resource for those interested in the complexities of social policy and public finance.
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This book contains new theoretical discussion and new empirical evidence on the way people think about and cope with the risks and uncertainties of modern life. The national surveys cover areas ranging from lone parenthood to medicine, from house purchase to long-term care, from personal finance to the welfare state. People’s confidence in their capacity to cope with uncertainty is closely related to social class, gender and access to support networks. Policies that assume that people are self-interested rational actors are likely to produce unsatisfactory results and to damage the essential social capital of trust.
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