Intergenerational Transfers and Political Support for the Welfare State
Supporters of the welfare state might see it as a mechanism for transferring income from rich to poor with the idea of helping those at the bottom
Supporters of the welfare state might see it as a mechanism for transferring income from rich to poor with the idea of helping those at the bottom
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A currency is only as safe as the bank that stores it. Nowhere is this more apparent than in the recent turmoil in the bitcoin community.
Behavioral economics and its close cousin, neuroeconomics, have been all the rage in the last few decades.