11min chapter

The Reason Interview With Nick Gillespie cover image

Johan Norberg: Why We Need a Capitalist Manifesto

The Reason Interview With Nick Gillespie

CHAPTER

Complexities of Welfare Systems and Policy Solutions

This chapter explores the challenges faced by individuals in the US welfare system, including feeling trapped and the loss of benefits when increasing their wage. It discusses the concept of negative income tax as a potential policy solution to incentivize work. The chapter also touches upon the rise of deaths of despair and the connection between welfare systems and feelings of worthlessness.

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