Welfare

Elon Musk’s Universal High Income vs. Universal Basic Income?

Elon Musk claim that humanity is headed for “universal high income” instead of UBI is possible to the extent that peace, easy taxes, and a tolerable administration of justice prevail. That means reducing the power of the state rather than extending it with UBI or other collectivist social experiments.

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The Entitlement State and America’s Fiscal Crisis: Capitalism vs Socialism

The enemies of capitalism indicted the society of liberty; they distorted the reality of capitalism and its brilliant triumphs in freeing man from poverty; and they imbedded in the minds of many the conception of political entitlements that serve the power ends of political paternalists and which requires the plundering of the peaceful and productive members of society.

America’s National Debt Bomb Caused by the Welfare State

America’s National Debt Bomb Caused by the Welfare State

The Federal debt has now crossed the $19 trillion mark. When George W. Bush entered the White House in 2001, Uncle Sam’s debt stood at $5 trillion. When President Bush left office in January of 2009, it had increased to $10 trillion. Now into seven years of Barack Obama’s presidency, the Federal debt has almost doubled again.

The Benevolence of Capitalism vs The Paternalism of the Welfare State

The Benevolence of Capitalism vs The Paternalism of the Welfare State

Before the arrival of modern welfare state, voluntary, private-sector institutions had evolved to serve as the market providers for many of those “social services” now viewed as the near-exclusive prerogative of the government. Unfortunately, after nearly a century of increasing political and cultural collectivism, the historical memory of the pre-welfare state era has all but been lost.

The Service Economy

Something clicked for me as I stared out my hotel window at a train station and seeing other public mass transportation moving on the street.

Open Letter to Alexis Tsipras

Open Letter to Alexis Tsipras

Greece has no future, so long as it clings to the euro. The dollar won’t servce you much better. A drachma will only harm the Greek people. That leaves one other option.

How the Unemployed Spend Their Days

If you’re presently working 40 or more hours a week, and are possibly part of the population paying taxes to the federal government, you might want to think about where those tax dollars are actually going — and what the people obtaining those tax dollars are quite often doing (or not doing) with their time.

Poverty

Poverty

Left free, the market will provide the greatest benefit to workers, employers and consumers, while allowing charity as well.

Immigration and The Welfare State

Immigration and The Welfare State

Most immigrants recognize that America is the land of opportunity. If we let enough in, perhaps their number will offset the growing number of the native born who simper that America is the land of entitlement.

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