Can Free-Market Reforms Save America's Social Safety Net?: News Releases: The Independent Institute

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News Release
December 15, 2020

Can Free-Market Reforms Save America’s Social Safety Net?
Path-breaking new book says—yes!

(Oakland, CA)—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 further bloat government bureaucracies and inflate even more their obscene budgets?

All of that can be done,” says Independent Institute Senior Fellow JOHN C. GOODMAN, Ph.D., author of the new book New Way to Care: Social Protections That Put Families First, just published by the Independent Institute (Oakland, CA).

In this eye-opening work, Goodman—the “The Father of Health Savings Accounts,” (Wall Street Journal)—offers a bold strategy for giving Americans more control over their destiny, while still advancing, at far less expense, the important social goals that gave rise to government safety-net programs in the first place. And in the process, solve the central issues of pre-existing conditions, affordability, portability, innovation, safety, reliability, and accountability.

Here are just a few of the life-risks to which Goodman 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

New Way to Care shows how smartly-crafted, private, market-based social protections best serve families, harmonize individual and societal interests, foster personal responsibility and government accountability, bridge the partisan divide over spending, and end the runaway deficits that will drive the U.S. over a fiscal cliff. Thanks to New Way to Care, the debate over social insurance will never be the same.

To interview John C. Goodman, please contact Robert Ade, [email protected].

CREDENTIALS: John C. Goodman is Senior Fellow at the Independent Institute, President of the Goodman Institute, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America and the award-winning Priceless: Curing the Healthcare Crisis.

The Independent Institute is a non-profit research and educational organization that promotes the power of independent thinking to boldly advance peaceful, prosperous, and free societies grounded in a commitment to human worth and dignity. For more information, visit

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