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Keyword: social welfare
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This week’s IGM European Economic Experts Panel statements:
A) Political conflict plays a key role in shaping economic decisions, policies and outcomes.
B) Most European countries have larger social welfare systems than the United States in part because the latter is more heterogeneous by race and ethnicity.
This week’s IGM Economic Experts Panel statements:
A) Political conflict plays a key role in shaping economic decisions, policies and outcomes.
B) The US has a smaller social welfare system than other rich countries in part because it is more heterogeneous by race and ethnicity.
This week’s IGM Economic Experts Panel statements:
A) Clearing the market for surgical face masks using prices is detrimental to the public good.
B) Laws to prevent high prices for essential goods in short supply in a crisis would raise social welfare.
C) Governments should buy essential medical supplies at what would have been the market price and redistribute according to need rather than ability to pay.
This week’s IGM European Economic Experts Panel statements:
A) Clearing the market for surgical face masks using prices is detrimental to the public good.
B) Laws to prevent high prices for essential goods in short supply in a crisis would raise social welfare.
C) Governments should buy essential medical supplies at what would have been the market price and redistribute according to need rather than ability to pay.
This week’s IGM Economic Experts Panel statements:
a) Replacing the current US health insurance system (including employer-based health insurance, ACA exchange policies, and Medicaid) with universal ‘Medicare for All’ (mandatory enrollment in a modified version of the existing traditional Medicare program with drug coverage and no cost-sharing of any form, and current Medicare reimbursement rates) funded by federal taxes would lead to improved access to healthcare for a meaningful subset of the population.
b) Replacing the current US health insurance system as outlined in a) would lead to longer waiting times for healthcare for a meaningful subset of the population.
This week’s IGM Economic Experts Panel statement:
Taking into account the revenues, consumer surplus, purchasing patterns by income, and possible consumer biases, state-run lotteries (such as Powerball and scratch-off games) increase social welfare.
This week's IGM Economic Experts Panel Statement:
It is best for society if the management of U.S. publicly traded corporations only considers the impact of their decisions on customers, employees, and community members to the extent that these impacts feedback to impact shareholder wealth.
This week's IGM European Economic Experts Panel Statement(s):
A) To the extent that public corporations pursue social and environmental initiatives, they tend to achieve higher risk-adjusted (private) returns than otherwise similar corporations that pursue such initiatives less.
B) To the extent that Norway’s global government pension fund makes investments for social and environmental objectives — apart from investments that would bring the highest expected risk-adjusted returns — it improves the welfare of Norwegians.
This week's European Economic Experts Panel statement:
People who migrated to Europe between 2015 and 2018 are likely — over the next two decades — to contribute more in taxes paid than they receive in benefits and public services.
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