Thursday, December 22, 2016

When public assistance creates poverty

A reader (?) sent a paper from Cato which essentially argues that beyond a certain level, public assistance creates poverty. That coincides with what I have long believed and tried to show. Behavioural responses that are self-destructive either individually and/or family-wise will undermine the worthy goals of alleviating need.

Here are a couple of the tables from the paper.

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