An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results.
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"An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results." — Edmund Phelps #moneywealth
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An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state…
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An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results. — Edmund Phelps
About Edmund Phelps
Edmund Phelps was a Economist from United States (1933–present).
Frequently Asked Questions
Who said "An indictment of entitlements has to focus on the huge 'social wealth' that the…"?
This quote is attributed to Edmund Phelps, a Economist from United States.
When did Edmund Phelps live?
Edmund Phelps lived from 1933 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.