Expert Comment: What is the future of the British welfare system?
Much of the debate focuses on the budgetary cost of welfare benefits, and on the labor market participation of recipients. Little of this debate is based on clear principles, a vision of the society we want to live in, or rigorous evidence on the effect of alternative policies. Professor Maximilian Kasy, Department of Economics There are some principles that most economists, regardless of political persuasion, would agree to.First, coercion, surveillance,…

