The Surprising Nordic Lesson for U.S. Welfare

Before the arrival of COVID-19, the U.S. was seeing growing numbers of people, especially men, dropping out of the workforce. Given the far-reaching effects of the pandemic, this will likely continue, even when labor demand is back to normal. The strong pull of streaming, video games, and social media will only make that trend worse. In this environment, one possible downside of cash payments is an additional incentive not to work.