Do the European welfare states free ride off American entrepreneurship and innovation?
12 Nov 2015 1 Comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, economic history, economics of regulation, entrepreneurship, industrial organisation, politics - USA, public economics, survivor principle, taxation, technological progress Tags: creative destruction, Daron Acemoglu, Denmark, entrepreneurial alertness, Eurosclerosis, international technology diffusion, taxation and entrepreneurship, taxation and innovation, taxation and investment, taxation and labour supply, technology followers, welfare state
Source: Daron Acemoglu A Scandinavian U.S. Would Be a Problem for the Global Economy – NYTimes.com.
@Greencatherine 1996 US welfare reforms and the employment of single mums who were high school dropouts
31 Oct 2015 Leave a comment
in labour economics, labour supply, politics - USA, poverty and inequality, welfare reform Tags: 1996 US welfare reforms, paternal labour supply, single mothers, single parents, social insurance, welfare state
https://twitter.com/hamiltonproj/status/659776768094547968
There was a step increase in the employment rate of single parents and in particular high school dropouts straight after the implementation of the 1996 US federal welfare reforms.
These single mothers who dropped out of high school were thought to be least employable and most at risk to the 1996 US welfare reform. There was a large increase in their employment and this massive improvement in their rates of employment is enduring to this day.
Poverty traps in America
02 Oct 2015 Leave a comment
in applied welfare economics, behavioural economics, labour economics, labour supply, politics - USA, poverty and inequality, public economics, welfare reform Tags: poverty traps, taxation and labour supply, welfare state
@jeremycorbyn incomes of the poorest increased most under Blairism @UKLabour
13 Sep 2015 2 Comments
in economic history, labour economics, Marxist economics, poverty and inequality Tags: British economy, Leftover Left, Tony Blair, Trish Labor Party, welfare state
Under Tony Blair the incomes of the UK's poorest families increased by more than under any other Prime Minister. http://t.co/8Uh8GBqbRB—
Tom Forth (@thomasforth) September 12, 2015
Utopia, you are standing in it! 
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