account_balance Welfare State

Government social welfare programs and redistribution

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"That's an interesting paradox to think about. Make it legal and it's no good. Why? Because as long as it's illegal the people who come in do not qualify for welfare, they don't qualify for social security, they don't qualify for the other myriad of benefits that we pour out from our left pocket to our right pocket. So long as they don't qualify they migrate to jobs. They take jobs that most residents of this country are unwilling to take. They provide employers with the kind of workers that they cannot get. They're hard workers, they're good workers, and they are clearly better off."

— Friedman, Milton event 1977

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"You cannot simultaneously have free immigration and a welfare state."

— Friedman, Milton event 1977

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"If you tax people who work, and you pay people who don't work, do not be surprised if you have a lot of people not working."

— Laffer, Arthur event 2025

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"The basic principle and the ultimate results of all statist doctrines are the same: dictatorship and destruction. The rest is only a matter of time."

— Rand, Ayn event 1966

menu_book Capitalism: The Unknown Ideal

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"Socialist governments traditionally do make a financial mess. They always run out of other people's money."

— Thatcher, Margaret

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The Political Economy of the New Left: An Outsider's View

person Lindbeck, Assar event 1971

Written after a sabbatical spent observing the American New Left on university campuses, Lindbeck's short, sharp critique dissects the movement's e...

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person Authors

Lindbeck, Assar

Swedish economist, professor at Stockholm University, and longtime chairman of the Royal Swedish Academy of Sciences' prize committee for the Nobel...

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Thatcher, Margaret

British stateswoman who served as Prime Minister from 1979 to 1990, known as "the Iron Lady" for privatization, deregulation, and free-market refor...

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