a stitch in time returns 18% annualised over 40 years
October 13, 2012 3:30 PM Subscribe
welfare and social spending is usually discussed as a cost, a substantial cost.
can you suggest any good resources that analyse the economics of welfare and social spending as an investment? or that examines funding cuts as a kind of borrowing?
posted by compound eye to Society & Culture (6 answers total) 12 users marked this as a favorite
eg. where cutting 1 million from kindergarten funding results in x million more crime, welfare payments and reduces the tax income over the next forty years, so that the interest rate on borrowing 1 million from the kindergarten budget is effectively r%.