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Tag Archives: welfare
The Great Depression and Unemployment
I think libertarians should concede that given the existence of a mixed market economy, these charity programs are likely to fall short, because they were not put in place to meet that “demand”. I don’t think New Deal revisionists should dwell on the topic of short-term welfare to the unemployed, because: 1. Ultimately, the cost to the taxpayer is marginal, compared to greater expenses. 2. It’s not likely to distort the economy or retard economic growth; the impact would be marginal, at worst.
Why not Universal Car Insurance?
An analogy on why universal health care, or any other social insurance program, is bound to fail over the long-run. Continue reading
Trend of Impending Poverty
Foreign central banks are keeping interest rates low in an attempt to devaluate their own currency, as to force the exchange rates to remain relatively stable in comparison to the U.S. Dollar. While the United States slips into the worst recession in history, the rest of the world seems happy to follow. Continue reading
Posted in Politics, Theory
Tagged debasement, dollar, economy, euro, exports, Government, inflation, intervention, money, Recession, welfare
3 Comments
A Libertarian Theory of Free Immigration
Spanish economic Jesús Huerta de Soto covers the topic of immigration in a libertarian society under the framework provided by Murray N. Rothbard. Continue reading
Posted in Politics, Theory
Tagged aliens, Anarchism, anarcho-capitalism, coercion, Government, illegal, immigration, libertarian, State, welfare
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Agricultural Employment in Spain
Spanish agricultural excels largely because of the lack of minimum wage. Lack of government-imposed wage rigidity allows farmers to soak up much of the unemployment, and offer those who otherwise would not make an income some form of wage. Continue reading
Posted in Theory
Tagged agriculture, Government, minimum, rigidity, State, Unemployment, wage, welfare
2 Comments
Why Not Legalize Theft?
Obama’s universal health care proposal only benefits the few in the expense of the majority. And, ultimately, even those few that benefit from the system will be negatively effected by the inevitable drop in productivity that will come as a result of an increase in taxes. Continue reading
Posted in Politics
Tagged business, Care, Government, Health, Healthcare, Investment, Obama, poverty, Taxation, taxes, Theft, Unemployment, universal, welfare
33 Comments
Technology, Machinery and the Human Laborer
Technological advances do not lead to a net loss in jobs, and might even lead to a net gain. There must be human laborers to build and maintain the machinery, and there must be human laborers to build the factories which build the machines. The introduction of a machine produces a net increase in jobs. Continue reading
Posted in Politics, Theory
Tagged blue, collar, europe, France, Government, laborer, machinery, replacement, Unemployment, welfare, worker
1 Comment