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28 Sep 2019
In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers"Βor hire disadvantaged people for eligible jobs. Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps plan an improvement over current government policies? Discuss.
In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers"Βor hire disadvantaged people for eligible jobs. Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps plan an improvement over current government policies? Discuss.
Chika IlonahLv10
28 Sep 2019
