All Posts Tagged With: "redistribution of wealth"
What Our Welfare State Really Is
Freeman contributor Kevin Carson has an excellent, and remarkably brief, analysis of America’s welfare state: “Giving Back With a Spoon, Taking With a Shovel.” Choice quote: In most avowedly “free market” discourse on the right, the main direction of government activity is framed as a war on the “productive” rich in favor of politically organized, [...]
4Oct2010 | Sheldon Richman | 1 comment | ContinuedThe Free Market versus the Interventionist State
During the first half of 1926, Austrian economist Ludwig von Mises visited the United States on a three-month lecture tour. After his return to his native Austria, he delivered a talk on “Changes in American Economic Policy” at a meeting of the Vienna Industrial Club. He explained: The United States has become great and rich [...]
1Jan2008 | Richard M. Ebeling | 5 comments | ContinuedHow Government Disables Private Disability Insurance
Robert Wright is author of the newly published Wealth of Nations Rediscovered (Cambridge) and Hamilton Unbound (Greenwood), coauthor of Mutually Beneficial (NYU Press, 2003), and co-editor of History of Corporate Finance and Corporate Governance in Historical Perspective (both Pickering and Chatto, 2003). Taxed Social Security earnings determine the level of three major types of Social [...]
1Feb2003 | Robert E. Wright | 1 comment | ContinuedThe Perils of Populism
Populist policies that promote divisions between rich and poor sow the seeds of social instability and economic destruction. Zimbabwe’s economic crisis and recent demonstrations can be traced directly to the rhetoric of populism used by the current government. In the first instance, basing public policy on populism creates false expectations among the poor that cannot [...]
1May2002 | Christopher Lingle | 1 comment | ContinuedInequality of Wealth and Incomes
Where there is a lower degree of inequality in wealth, there is also a lower average standard of living The Market Economy—capitalism—is based on private ownership of the material means of production and private entrepreneurship. The consumers by their buying or abstention from buying ultimately determine what should be produced and in what quantity and [...]
1May1955 | Ludwig von Mises | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
