Does Cochrane Really Understand the Latest on Minimum Wages?
…shift the mix of compensation towards cash and away from non-cash benefits, but will still find it worthwhile to employ the worker. This distortion can create losses to worker welfare…
…shift the mix of compensation towards cash and away from non-cash benefits, but will still find it worthwhile to employ the worker. This distortion can create losses to worker welfare…
…and a terrible burden on the poor. It is not and would not be. SS is not welfare. It is a way for working people to save “at least enough”…
…maximizing the contribution to social welfare. Iif people care (even a little) about their contribution to social welfare, reducing incentives to maximize profit increases the relative weight they put on…
…the ethnic turn and racial-demagogues—a lack of work ethic, a preference for welfare, a propensity toward crime, or their opposites— reinvigorated racial stereotypes, giving them renewed life in explaining why…
In a recent post, libertarian political philosopher Jason Brennan argues that “we should ignore the welfare of people who choose not to vaccinate out of paranoia”. We owe them nothing. …
…low as 60 months so really like extended unemployment insurance (with a tiny benefit). One can ask about the long term indirect effects of welfare on the culture of poverty….
…unless the rich remember that turning SS into welfare was always their best bet to destroy it. They know how to destroy welfare. USA: Biden did sign into law the…
…only the government protects their savings from bad things that can happen in the market place. It was designed to be worker paid, not welfare, so the workers would own…
…(he claimed) his sister and her children to become dependent on welfare payments. In 1981, he said: “She gets mad when the mailman is late with her welfare check,” Thomas…
…Medicaid, getting food stamps, and she is collecting welfare under each of her names.” The woman was real, but not typical—she was a dangerous criminal rather than a representative welfare…