Posts Tagged ‘poverty’

  • money bags..iStock_000004486840Medium

    Entitlement Spending: Does Unexpected Wealth Make a Difference?

    Oct 17, 13 • 262 Views • Behavioral Economics, Developing Economies, Economic Debates, Economic Growth, Economic History, Education, Government, Households, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Assume for a moment that the leaders of a society want to see what happens when they make people wealthier. Their approach is simple. To random households, they decide to make available the median level of wealth. At this point, you might be thinking that the...