Tag Archives: Welfare Spending
Moral Hazard: When Benefits Discourage People from Working
January 28, 2013Most 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
