Transfers in Kind: Why They Can Be Efficient and Nonpaternalistic - Comment
International Journal of Value-Based Management, Vol. 15, pp. 191-199, 2002
9 Pages Posted: 8 Jul 2011
Date Written: July 6, 2011
Bruce and Waldman make an important contribution regarding the Samaritan dilemma: the expectations of inheritance motivates the younger generation at the margin in the direction of welfare reducing behavior. However, these authors misinterpret the standard analysis on this matter as prediction instead of explanation; confuse governmental subsidies with private charitable giving, and uncritically examine Headstart and statist job training programs.
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