Milton Friedman Unraveled
- Highlight Loc. 119-23 | Added on Friday, July 29, 2011, 05:23 PM
Secondly, the supply of welfare clients is inversely proportion to another vitally important factor: the cultural or value disincentive of going on welfare. If this disincentive is strong, if, for example, an individual or group strongly believes that it is evil to go on welfare, they will not do it, period. If, on the other hand, they do not care about the stigma of welfare, or, worse yet, they regard welfare payments as their right – a right to exert a compulsory, looting claim upon production – then the number of people on welfare will increase astronomically, as has happened in recent years.
- Highlight Loc. 119-23 | Added on Friday, July 29, 2011, 05:23 PM
Secondly, the supply of welfare clients is inversely proportion to another vitally important factor: the cultural or value disincentive of going on welfare. If this disincentive is strong, if, for example, an individual or group strongly believes that it is evil to go on welfare, they will not do it, period. If, on the other hand, they do not care about the stigma of welfare, or, worse yet, they regard welfare payments as their right – a right to exert a compulsory, looting claim upon production – then the number of people on welfare will increase astronomically, as has happened in recent years.
