…case for laissez-faire and may shift the mood of the country to the left in a fundamental and enduring way. Support for the welfare state Proponents of limited government and…

…by a president who cares little for governing or the public welfare. These claims are a lie, one that has been pushed repeatedly for at least fifty years by those…

…the safe rate rf is less than the growth rate and another effect on welfare which is good only if the risky rate (expected return on privately owned capital) is…

…employers.” This is attractive to the Left.  But it is a poison pill.  It changes SS from “insurance for workers paid for by workers” to welfare. This is exactly what…

…less to complain about, and the media has had fewer occasions to write stories about poor Black people on welfare.  (As Martin Gilens has shown in his work on welfare,…

…welfare, although shorter than the hours sought by employers. The reasoning behind such suboptimal preferences was that achieving the long-run optima would require short-term risk with uncertain payoffs. Output and…

…economy and protected social welfare and civil rights. To that end, he believed Democrats and traditional Republicans must be kept from power and Nixon must win reelection. Catholics, who opposed…

…and, if, in a well functioning economy the requisite goods and services are efficiently produced and equitably distributed whilst all the while giving utmost consideration to human welfare and to…

…the ‘common good,’ the ‘general welfare,’ or the ‘general interest.’”  We can be less vague in describing the social goal of capitalist society: the accumulation of capital. Does that goal…

…democrats, welfare state liberals, and others who believe the state has an important role to play in economic affairs.  We all need to be kept honest. But for decades, classical…