Week 5 Discussion 1

 Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? 

Amacher, R., & Pate, J. (2013). Microeconomics principles and policies [Electronic version]. 

Chapter 12: Marginal Productivity Theory and Labor Markets

Chapter 13: Poverty, Inequality, and Income Redistribution Policies

Chapter 14: Government Failure and Public Choice

Chapter 15: Global Trade