"The Economics of Welfare Reform"

"The Economics of Welfare Reform" examines how changes to social welfare programs impact both individual behavior and the broader economy. It considers whether reforms can reduce dependency on government assistance, encourage employment, and allocate resources more efficiently. Economists analyze costs, benefits, and potential trade-offs to determine if reforms improve economic well-being without unintended negative effects. The goal is to design policies that support vulnerable populations while promoting economic sustainability and reducing fiscal burdens.