Lawrence J. McQuillan
| Thursday August 25, 2016 at 11:06 AM PST
More than 52 million people in the United States, 21 percent of the population, participate in major means-tested government assistance programs each month, according to the U.S. Census Bureau. More than 80 federal programs dole out roughly $1 trillion of benefits and services to low-income people annually (see the amazing image above from the...
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Tags: anti-poverty, charitable giving, Civil Society, dependency, Doug Bandow, Franklin Roosevelt, government assistance, government dependency, Jesus, moral responsibility, personal responsibility, Pope Francis, Poverty, private charitable giving, private charity, Thomas Sowell, War on Poverty, Welfare, welfare state
| Saturday June 5, 2010 at 9:26 AM PST
I recently read the revised edition of Thomas Sowell’s excellent The Housing Boom and Bust. One of the most striking things about the role of housing in the financial crisis is the resonance of the “villains, victims, and valiant government” narrative that goes as follows: greedy bankers exploited everyone while the regulators were asleep...
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Tags: affordable housing, and Liberty, Bailouts, Books, Business, Community Reinvestment Act, Corruption, Economics, F. A. Hayek, fighting for the poor, Free Market, Government subsidies, Housing, housing bubble, Law, legislation, Liberty, Money and Banking, moral hazard, Politics, Poverty, recession, Regulation, Thomas Sowell, Urban Issues, Welfare