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This Article retells the story of “The Family Assistance Act of 1970." Had this historic bill been enacted into law, it would have provided every poor family with children a guaranteed minimum income. Although this measure had the support of the president and passed the House in April 1970 by...
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Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
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