Social Security
People with disabilities make all kinds of purchases most workers never need. They might have to buy a wheelchair, build an access ramp, or take cabs because they can’t drive. People with hearing, vision or speech disabilities use electronic or computerized assistive devices and software. Some need home health aides, and many spend more on…
This paper uses archival insurance industry data from the period 1861 to 1941 to shed light on ordinary life insurance, which was the primary old-age savings mechanism of American households in the era before Social Security…
