Harvey S. Rosen: Individual

Harvey S. Rosen is American economist. Explore interesting quotes on individual.
Harvey S. Rosen: 42   quotes 0   likes

“"Welfare" in the United States is a patchwork of more than 80 programs that provide benefits primarily to low-income individuals. These programs are means tested - only individuals whose financial resources fall below a certain level can receive benefits.”

Harvey S. Rosen

Source: Public Finance - International Edition - Sixth Edition, Chapter 8, Expenditure Programs for the Poor, p. 156

“In an experiment in Illinois, members of a randomly selected group of unemployed individuals were offered a bonus of $500 if they found a job within 11 weeks and kept that job for four months. On average, people who were offered the bonus received UI for one week less than the control group, and the program saved more on UI benefits than it spent on bonuses.”

Harvey S. Rosen

Source: Public Finance - International Edition - Sixth Edition, Chapter 9, Social Insurance I: Social Security and Unemployment Insurance, p. 197

People

“In this country, the number of individuals on the government payroll certainly underestimates the importance of government.”

Harvey S. Rosen

Source: Public Finance - International Edition - Sixth Edition, Chapter 1, Introduction, p. 10

Country

“Government grows because low-income individuals use the political system to redistribute income toward themselves.”

Harvey S. Rosen

Source: Public Finance - International Edition - Sixth Edition, Chapter 6, Political Economy, p. 128

“The First Welfare Theorem holds only if all consumers and firms are price takers. If some individuals or firms are price makers (they have the power to affect prices), then the allocation of resources will generally be inefficient.”

Harvey S. Rosen

Source: Public Finance - International Edition - Sixth Edition, Chapter 3, Tools of Normative Analysis, p. 44