Researchers cannot definitively interpret what the framers of the United States Constitution had in mind when they wrote of the general Welfare. Nevertheless, welfare economics can contribute to ...

Welfare economics is a branch of economics that focuses on the well-being of individuals and society as a whole. It examines how economic policies and systems can be designed to improve social ...

James Buchanan wrote "An Economic Theory of Clubs" and invented clubs to support a form of welfare economics in which there is no social welfare function (SWF) and individual utility functions cannot ...

https://doi.org/10.15609/annaeconstat2009.141.0049 • https://www.jstor.org/stable/10.15609/annaeconstat2009.141.0049 The literature indicates that a portion of ...

Universal basic income offers no-strings-attached cash. UBI differs from welfare programs, like SNAP and Medicaid, which ...

Europe’s generous welfare states are coming under increasing strain as weak economic growth collides with rising demands on government budgets, particularly from aging populations.

In Europe, the working poor subsidize the nonworking poor. Meanwhile, the welfare state is destroying worker productivity and ...