…welfare state. This wasn’t exactly paradise either, but it was still pretty good. The NY Times sums it up like this: Germans typically start working later in life than Americans…
You searched for: label/Welfare Theorems
…Street scandals…The perpetrators of the budget binge – President Bush and Congress – are sacrificing the public’s long-term welfare for their own short-term political gains. In the case of Enron,…
…the IMF focuses on financial variables, not on measures of real wages, unemployment, GDP, or broader measures of welfare, is itself telling. While Stiglitz was referring to the East Asia…
…low skilled work as these incomes have a natural floor in form of (high) welfare entitlements. Classical theory of migration world run the numbers and find that the income differentials…
…of the labor force. Economists need to stop having a fetish about the “size of the pie.” It’s one measure of welfare, but it isn’t a particularly meaningful one. Absent…
…on economic growth and defense issues: a strong military (notwithstanding Bush’s rhetoric, well up to the tasks in Afghanistan and Iraq), balanced budgets, welfare reform, and generally promoting business and…
…time you hear about a “welfare state”, think Bush-voting state. Meanwhile, Atrios links to this NYT analysis of changes in housing prices from 1983 to 2003. In a nutshell, if…
…Over 11 years, he restrained spending growth to turn a large budget deficit into a surplus, cut taxes, forced many on welfare to go to work, abandoned a sweeping approach…
…in our pockets (you know: “form a more perfect Union“; “promote the general Welfare“). In any event, say hello to two more non-lefties with blogs worth reading: Julian Sanchez Amy…
…would construct a society to maximize the minimum level of welfare in society. While redistributing income downwards does not necessarily lower average income (think of schools and roads), assume for…
