Do social welfare programs help or hinder the economy? Explain how your answer is a Keynesian or Smi

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5 paragraph essay

450-500 words

  1. JK Rowling the author of the Harry Potter series is one of the world’s richest people. Her net value is $910 million. She ranks in Forbes magazine to be #78 most powerful women in the world.
  2. Watch the interview of JK Rowling. Link As you watch, focus on her comment about her background and what she think about welfare and paying taxes.
  3. Listen to the podcast labeled poverty Link. Edith’s story has similarities to JK Rowlings.
  4. After watching the interview and listening to the podcast, answer the question listed below.
  5. Bring in the case study of JK Rowlings and Edith in your response and one other policy discussed in lecture or the textbook. Do social welfare programs help or hinder the economy? Explain how your answer is a Keynesian or Smithian.