Hand holding euro banknotes The public discussion about welfare is fraught at the best of times. Most on the right believe in individual responsibility and a small state, arguing that welfare itself creates dependence and stifles the entrepreneurial spirit needed for the economy to thrive — and indeed pay for welfare. The left meanwhile sees welfare as a way either of simply guaranteeing basic living standards to all citizens or as a step toward a more equal society , in which the state intercepts and redistributes wealth.
But the recession induced by COVID-19 and rising unemployment have meant existing models […]
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