Nov 15, 13 •
350 Views •
Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic Debates, Economic History, Economic Thinkers, Government, Households, Labor, Lifestyle, Macroeconomic Measurement, Money and Monetary Policy, Regulation, Thinking Economically •
Elaine Schwartz •
Four decades ago, in a rural Manitoba community, Canada experimented with cash grants to low income families. Called MINCOME, the program provided for different cash payments based on the household’s proximity to the poverty level. The grant was
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