dimanche 20 août 2017

Aid and incentives to self sufficiency and job seeking

"An important source of waste and a challenging problem is in creating a mutual dependence of the poor and the aid organization for continuance. The conditions of escape make aid lost, larger than income potentially earned so that you are made worse off if you take a low-paying job. Yet that job may lad to better ones with on-the-job training and experience. Job markets are dynamic, poverty programs are static."
Vernon L Smith NP

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