Tag Archives: Moral Hazard

Moral Hazard: When Benefits Discourage People from Working

Posted on January 28, 2013 by Barry Donegan

Most westernized nations have welfare programs. Initially, they are sold as a social safety net for disabled people and the recently unemployed. However, over time, politicians have taken political advantage by increasing benefits in exchange for votes, and this phenomenon … Continue reading →

Posted in Money Monday | Tagged Feature, Mental Health, Money Monday, Moral Hazard, Unemployment, War on Poverty, Welfare Spending | Comments on Facebook

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