Robert A. Moffitt

Robert A. Moffitt is an influential American economist and social scientist, best known for his research on poverty and labor markets. He developed the "theory of the labor supply," which examines how people respond to changes in economic incentives, such as wages and benefits. Moffitt's work has significantly impacted our understanding of welfare dependency, unemployment, and social policy. He has received numerous awards for his contributions to economics, particularly in understanding the factors that lead individuals to work or rely on assistance, highlighting the complex interplay between personal choices and economic conditions.