Economics of Goodness On the surface the Economics of Goodness is a rather simple proposition. Good behavior produces productivity and bad behavior consumes productivity. An easy example to understand is a father not paying court ordered child support. His children suffer; group productivity is consumed by clothing and feeding his children, not to mention, chasing him to pay. Lack of resources handicap his children’s learning, putting them at risk of consuming more social services such as welfare, courts, jails, and prisons. The individual father’s choice not to pay child support consumes some of the group’s productivity. In contrast is a father who quits drinking, stays home, and supports his children and volunteers as a Boy Scout Leader. The difference is an individual choice with social costs or benefits attached. Most of us would agree it is a father’s responsibility to care for his children and bad behavior if he doesn’t. However 25% of children in the United States live in poverty and over 30% of children born each year in the U.S. are born out of wedlock. Who is going to pay to care for these children? To every governor this is no small number to fund in the state’s budget instead of funding other state priorities. On the surface the Economics of Goodness is about the cost in dollars and cents of individual choices, resources are finite. Bad individual behaviors cost the group money.
Posted on: Wed, 07 Jan 2015 02:53:43 +0000
Trending Topics
Recently Viewed Topics
© 2015