People are becoming less mobile

Tuesday, November 14, 2017 Francisco Carneiro 0 Comments

From the Economist

Perversely, policies to help the poor unintentionally exacerbate the plight of left-behind places. Unemployment and health benefits enable the least employable people to survive in struggling places when once they would have had no choice but to move. Welfare makes capitalism less brutal for individuals, but it perpetuates the problems where they live.


https://www.economist.com/news/leaders/21730412-time-fresh-thinking-about-changing-economics-geography-right-way-help-declining


also from the same article of The Ecomonist
The pension of a teacher who stays in the same state could be twice as big as that of a teacher who moves mid-career.



I noticed that people move less & less the system is designed to discourage people to move to the land of opportunity. Only the retirees that have their pension set in stone can move freely.

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