Monday, April 19, 2010

Unemployment benefits

This looks to me like a pretty classic case of economics telling us to do one thing and pity seemingly telling us to do something else: http://online.wsj.com/article/SB10001424052702303828304575180243952375172.html

1 comment:

  1. This is interesting. Maybe you can maintain the length of time in which benefits can be drawn, but taper the amount of the benefit as the deadline approaches; that way you have a safety net and less of an 'incentive not to work.'

    I'd want to know what the disadvantages to having a shorter length of unemployment are (presumably there are some!); does crime go up, for example?

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