Tag: Welfare

When Extremism Is Seen as Moderate... »

France’s National Front, the far-right organization that has become a symbol of the xenophobic, Euroskeptic, nationalist reaction against the prevailing problems in Europe, has sent ripples across the world by topping the latest polls and winning a significant by-election. Marine Le Pen, its leader, is busy giving birth to a continent-wide movement of like-minded...
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Thinking Is Research, Too! »

Bill Parker, an old friend of mine who died in 2000, was director of graduate studies in economics at Yale for thirteen years. He told me once about his struggles with his colleagues, who, he believed, were spending too much time on technique and not enough time on substance in teaching their courses. The...
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Call Me Uncharitable, But... »

... I have little sympathy for people who complain that they are suffering hardship because government isn’t giving them enough aid. I was reading this story about the possibility that the Women, Infants, and Children (WIC) program might run out of money due to the federal government shutdown. In it, Cierra Schoeneberger laments that...
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New Book Exposes the ‘Terrible 10′ Worst U.S. Economic Policy Mistakes »

Despite enjoying impressive economic growth over the past century, Americans have also been the victims of scores of stupid government mistakes that have made them poorer. For many the blunders led only to temporary setbacks, but for others the errors created life-altering disasters from which they never recovered. In the new book The Terrible...
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New Videos Attacking Obamacare Go Viral »

Generation Opportunity has just released two videos, one featuring a woman and one a man, attacking the looming disaster of Obamacare (Patient Protection and Affordable Care Act), which is scheduled to go into effect on October 1st. The ads feature “Creepy Uncle Sam,” performing gynecological and prostate exams on young adults. The ads encourage...
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Government-Run Preschool Is a Dead End, Not a Lifeline »

Greater economic equality requires the “lifeline” of more government-funded preschool for disadvantaged children, says Nobel Prize–winning economist James Heckman in his New York Times editorial last week. High-quality education can certainly enhance a foundation of opportunity and prosperity. But the empirical record shows that government preschool is a dead end, not a lifeline. Conspicuously...
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Liberalism’s Legacy, Part II »

What is liberalism? By that term I mean the intellectual effort to apologize for and defend economic programs primarily associated with Franklin Roosevelt and Lyndon Johnson. There are four main ones: The substitution of regulation for markets, The substitution of social insurance for private provision, The nationalization of welfare, and The manipulation of the...
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Not Even Achieving an Impossible Libertarian Dream Will Suffice »

Libertarians dream of cutting back the bloated Leviathan under whose weight people now struggle simply to catch their breath—breathing freely being almost beyond imagination. A few of us dream of eliminating the state altogether, however much we recognize the impossibility of doing so. Many more libertarians, however, believe that in propitious circumstances, the state...
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Robert William Fogel (July 1, 1926—June 11, 2013) »

Robert Fogel died a few days ago. He was a prominent figure in the academic economic history profession for five decades, virtually from the time he burst onto the scene with the publication of a polished-up version of his Johns Hopkins Ph.D. dissertation, Railroads and American Economic Growth, in 1964. This book was the...
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Healthcare and the Poor: Why Money Works Better than Waiting »

What I call health policy orthodoxy is committed to two propositions: (1) The really important health issue for poor people is access to care, and (2) to ensure access, waiting for care is always better than paying for care. In other words, if you have to ration scarce medical resources somehow, rationing by waiting...
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