behavior and overall economic happiness.
Sunday, September 8, 2013
Biased reporting of study results from Cato Institute: Work versus Welfare Trade-Off
The Cato institute published an update to a 2005 study on financial inventives that may discourage work. The work is actually quite good factually. It's when the Cato Insititue reports the results that the poblems arise.
The most biased part of the report is to call any government beneift: "Welfare" because it goes to help poor and middle class people. Most of the benefots are not cash benefits but other forms like foods stamps or healthcare.
The Work versue Welfare Trade-Off
The work itself is a pretty good review of the total benefits available to families in proverty.
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