How a Cash Windfall Affects Lottery Winners

The impact of cash transfers on lottery winners can be used to predict the efficacy of anti-poverty programs that give money to struggling households.

A “Jersey Shore” Controversy

Called the “Snooki subsidy,” the firm that produced MTV’s “Jersey Shore” just received a $420,000 tax credit from the NJ Economic Development Authority. The purpose? New Jersey hopes to encourage business investment. The problem? Snooki. The Economic Lesson The controversy,…