Dr Richard Wellings speaks to Voice of Russia Radio
Dr Richard Wellings, Deputy Editorial Director at the IEA, discusses the British government’s plans for welfare reform on Voice of Russia Radio
, arguing that the simplicity of the proposed benefit cap has captured the imagination of the public, which will help to drive welfare reform forward in the future. Though the planned reforms are not entirely fair and may disproportionately affect large families living in certain areas, he says, the current system, which allows those out of work to potentially be better off than working families, is also deeply unfair. He argues for the liberalisation of the economy to allow people to move to areas with better job prospects and the reduction of the minimum wage to encourage low-skilled job creation.
Listen here (part 1, part 2).