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.

Capitalism vs the Welfare State: The Next Vote

Capitalism vs the Welfare State: The Next Vote

Let's sort out some things.As a political and economic system, socialism is government ownership and management of the means of production and distribution of goods, the control of money, and the abolition of profit and private property. These ideas also describe...

Social Security Reform: The Capitalism Alternative

Social Security Reform: The Capitalism Alternative

The end of Social Security and its diversion of funds into government consumption—the return to private, individual saving and provision for the future—will mean a great increase in saving and the accumulation of capital, because the savings of individuals will be invested, not squandered.

Bush’s Budget: The Welfare State Lives

Bush’s Budget: The Welfare State Lives

Get ready for the interest groups and beneficiaries to squeal, scream, cry and ultimately demean. The issue? Why, President George W. Bush's "lean" 2006 budget. Americans want their welfare state. The president's budget, excluding defense, homeland security and...

Social Security: Saving Failure

Social Security: Saving Failure

It’s wrong to force people to pay into a coercive retirement system, run by the government at a poor return rate, when they could be making better and more profitable decisions on their own.

Human Lifestock and The Welfare State

Human Lifestock and The Welfare State

An old television special featured great boxing matches of the past, including a video of a match between legendary light-heavyweight champion Archie Moore and a young Canadian fighter named Yvonne Durrell, in which each man was knocked down four times during the...

End Welfare for Corporations

End Welfare for Corporations

The 1996 welfare reforms comprised the boldest social policy reform over the last 60 years. Millions of people moved off the government dole and achieved self-sufficiency. Unfortunately, those reforms excluded a rather large segment of society that still considers...

Tax Competition: Enemy of the Welfare State

Tax Competition: Enemy of the Welfare State

In addition to offering sanctuary to the world's tax-burdened, tax havens provide an indirect benefit to the tax-payers who remain pinned under welfare state tax burdens: they cause tax rates and tax burdens in those welfare states to be lower than they might be...

The Welfare State Grand Slam

The Welfare State Grand Slam

The welfare state enjoyed a stellar week. First, the Victims Compensation Fund, set up by Congress, announced compensation averaging $1.85 million for the families of the Sept. 11 terrorist attacks. While deducting life insurance and some pension benefits, the payout...

What About the War Against the Welfare State?

What About the War Against the Welfare State?

Dear President Bush, "What can we do to help win the war against terrorism?" Americans all across the country eagerly ask. In response, you insist that we "go about our daily lives," but with a heightened sense of awareness. To live in fear, you correctly counsel,...

The Child Welfare Act Versus Children

The Child Welfare Act Versus Children

In a world where the media are ready to magnify innocuous remarks or a minor problem into a trauma or a disaster, there is remarkably little attention being paid to cruelties routinely inflicted on children by our laws and our courts. That cruelty is ripping children...

Make Welfare Mothers Work

Make Welfare Mothers Work

In the spring of 1994, the last full year of welfare as we knew it, 112,000 Massachusetts families were on the dole. In the spring of 2001, the caseload stands at 41,500 -- a reduction of 63 percent. So spectacular has the success of welfare reform been that it is...

Daring to Question the Welfare State

Daring to Question the Welfare State

Did Treasury Secretary Paul O'Neill commit a "gaffe" of epic proportions? Former Clinton Labor Secretary Robert B. Reich certainly thinks so. In an interview with Financial Times, O'Neill said, "Able-bodied adults should save enough on a regular basis so that they can...

The Conservative Welfare State

The Conservative Welfare State

In 1960, the novelist and philosopher Ayn Rand pronounced conservatism dead. The conservatives' refusal to challenge the fundamental ideas behind the welfare state, she argued, would doom them to a policy of appeasement and timidity. Sometimes it may seem as if her...

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