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social welfare policy
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The homelessness and poverty cases are classic punitive equilibria. When you give unhoused people housing and poor people cash, they do largely what a standard model predicts: smooth consumption, reduce emergency service use, and invest in stability.... Does universal basic income actually work?: UBI advocates
Twenty-seven years of data In 1997, the Eastern Band of Cherokee Indians opened a casino and began distributing profits to every enrolled member. $4,000 to $6,000 a year. No strings. No means test. Twenty-seven years later: labor force participation did not decline.... If machines do most of the work, what do the humans do?: Institutional reform
The Luddites were not wrong On March 11, 1811, textile workers in Nottinghamshire smashed the stocking frames taking their jobs. The name became a slur. What gets left out: hand-loom weavers went from decent living in 1800 to destitution by 1830. A generation was destroyed.... - Jean1975$$...
- stephen...