Edmund Phelps quote

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When public spending in the form of transfer payments makes various services and benefits free of charge, work is discouraged. Yet it is precisely Social Security that legislators fear to cut.
Edmund Phelps
Edmund Phelps
Edmund Phelps
Born: Jul 26, 1933

Topics

Work, Benefits, Fear, Free, Discouraged, Spending, Charge, Security, Various, Makes, Precisely, Legislators, Form, Transfer, Public, Social, Cut, Payments, Social Security, Services

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