donderdag 3 februari 2011

Trust vs. Welfare : Interesting

Efficient and inefficient welfare states (Yann Algan, Pierre Cahuc, and Marc Sangnier)

Conclusion of the paper : "the priority of political reforms in Continental European countries should be to improve pro-social behavior of citizens and the transparency of government institutions rather than merely increasing social expenditure."

So we, in Belgium, should get a whole lot more trustworthy to justify our high public expenditure, otherwise tensions will persist.