The Perverse Incentive to Stay Unemployed

As parents who engage in a herculean effort (on a daily basis) to provide treatment for our children with the goal that they will eventually enter the workforce and ultimately be taxpayers, I have some sobering news for you: the incentive structure that some government bureaucracies create is so warped that you actually have to go against your child’s economic self interest to help your adult child join the workforce. Huh...? Yes, you read that correctly! Let me put it simply: It is against your child’s best interest to join the workforce even if s/he has a skill. Read more...