This assignment discusses the economic reasoning behind the implementation of a cashless economy, specifically focusing on the debit card system for welfare benefits in Australia. It explores the benefits of the cashless system, such as accountability, transparency, and income management. It also examines the standard economic argument for in-kind payments over cash payments and the ethical frameworks of consequentialism and deontology. The assignment concludes with a discussion on the justification and applicability of the cashless debit card system to all welfare recipients.