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The Life Account – a new nordic social security model - Reforminstitutet

The Life Account – a new nordic social security model - Reforminstitutet | Leadership Think Tank | Scoop.it

Increasingly countries around the world struggle to provide welfare and social security in world where high unemployment, an aging population and increasing expectations erode public finances. Over the past decades some of the most accomplished economists in the world, such as Josef Stiglitz and Martin Feldstein have identified a method for combining a safety net with a much lower marginal tax wedge. The Finnish think tank Libera has packaged these ideas into a clear and feasible proposal.

Libera’s Life account is a concrete model for transforming the current welfare state to a new version, 2.0. The life account is a form of a personal welfare account, which improves the incentives to work, employ and save. Compared with a conventional tax-transfer system, it reduces social insurance expenditure. The model allows to combine work income and social benefits, leaving the initial need testing to the individual. It reduces the tax wedge and allows for more flexible employment by households and individuals. The life account also encourages individual saving, financial planning and the accumulation of private wealth.

 Read the full report here. http://www.reforminstitutet.se/wp/wp-content/uploads/2013/12/Life-Account.pdf


Via Ulla M. Saikku
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Have You Tried TED ED? Here Are 6 Sample Videos

Have You Tried TED ED? Here Are 6 Sample Videos | Leadership Think Tank | Scoop.it

TEd-Ed is a great resource to find videos. This post provides a look at six of their videos. Each video has a multiple choice quiz as well as some questions with short answers. They also include additional resources. You also have the ability to flip the lesson on your own. A tour of TED-Ed is available at http://ed.ted.com/tour.

This post shares six videos in six subject categories (out of 11 categories). Click through to see videos on:

* How inventions change history?

* How breathing works?

* Logarithms, Explained

* Rethinking thinking

* How do nerves work?

* Why do Americans vote on Tuesday?


Via Beth Dichter
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Rescooped by Aki Puustinen from iGeneration - 21st Century Education
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Edison: Innovation + Collaboration = Greatness!

Edison: Innovation + Collaboration = Greatness! | Leadership Think Tank | Scoop.it
Bill Gates recently wrote the foreword for Edison and the Rise of Innovation, a new book about one of the great inventors ever. Read the foreword and view photos of some of the Edison-related items he owns.

Via Tom D'Amico (@TDOttawa)
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