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The Durable Experiment

State Insurance of Workers' Compensation Risk in the Early Twentieth Century

Bibliographic Data

ID4873211
AuthorsPrice Fishback (National Bureau of Economic Research), Price V Fishback, Shawn Everett Kantor, Shawn Kantor (National Bureau of Economic Research)
Year1996
Volume56
Issue4
Pages809-836
Publication date1996-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700017484
OpenAlexW2136723867
LanguageEN
Citations received15
References cited14

In the early 1910s state governments debated the private versus public underwriting of workers' compensation risk. The choices they made established the existing system today and set the stage for later debates over the government's underwriting of unemployment, health, and disability risks. This article offers both quantitative and case-study analyses of states' original choices between public and private insurance. Monopoly state funds were adopted in some states because of an unusual combination of strong unions and weak insurance and agricultural interests. In other states, the emergence of progressive political coalitions played the decisive role

Actuarial science · Business · Compensation (psychology) · Economic growth · Economics · Government (linguistics) · Insurance policy · Market economy · Medicaid · Monopoly · Political science · Politics · Private insurance · Public economics · State (computer science) · Underwriting · Unemployment · Healthcare Policy and Management · Historical Economic and Social Studies · Housing, Finance, and Neoliberalism · Law

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Unique citing works15
Citations per year0,54
Citation span1998 - 2025 (28)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 15

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