Economy / Finance

More on the General Effect of Welfare on Wages

From Cafe Hayek
March 20, 2017 - 4:13pm
TweetHere’s a follow-up letter to a correspondent who continues to insist that welfare payments reduce the wages of low-income workers: Mr. Chris Indovino Mr. Indovino: You’re unconvinced by the argument that government welfare payments generally reduce the supply of labor and, thus, cause the wages paid to low-income workers to rise.  You write that “if […] The post More on the General Effect of Welfare on Wages appeared first on Cafe Hayek.


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