Abolish the Poverty Trap |
| |
| Authors: | Michael Beenstock Michael Parker |
| |
| Institution: | Michael Beenstock is the Esmee Fairbalm Professor of Finance and Investment, City University Business School He has been an adviser to HM Treasury and the World Bank on International monetary and energy problems His books include The Foreign Exchange Theory Madelhng and Pohcy A Nea-classical Analyms of Macmeco-nomlc Pohcy and The World Economy in Transition;Michael Parker is a Research Assistant at the City University Business School where he iS working on their tax-benefit model He was formerly a civil servant in the Department of Health and Social Security after studying at the Urnverslty College of North Wales |
| |
| Abstract: | The measures proposed in the Green Paper on Social Security will do little to remove the poverty trap. Professor Michael Beenstock and Michael Parker, of the City University Business School, condemn the Government's proposals as vacuous, ill-considered and hall-hearted. The proposals in the Green Paper would intensity the poverty trap for some by weakening incentives to work. |
| |
| Keywords: | |
|
|
