Programs for the poor

Throughout the years many programs for the poor (PFTP) got executed. The track record for these programs is underwhelming. PFTP’s are usually inefficient and create an extra layer of bureaucracy. PFTP’s also creates an incentive to beat the system. For these reasons ‘the Nordic system’ exchanged PFTPs for Universal Programs. Instead of addressing issues by helping the weakest they helps everyone, it aims at ending the issue. This usually results in a more efficient and fairer system.

Steve Cortis
11 June 2018