It Is Possible To Increase Paper-money Income

The More 'adequate' We Make Relief, The More People We Are Going To Find Willing To Get On It And Stay On It Indefinitely. The More We Try To Make Sure That Everybody Really In Need Of Relief Gets It, The More Certain We Can Be That We Are Also Giving It To People Who Neither Need Nor Deserve It.

What Is Put Into The Hands Of B Cannot Be Put Into The Hands Of A.

New Taxes Are So Unpopular That Most 'social' Handout Schemes Are Originally Enacted Without Enough Increased Taxation To Pay For Them. The Result Is Chronic Government Deficits, Paid For By The Issuance Of Additional Paper Money.

One Of The Worst Features Of All The Plans For Sharing Wealth And Equalizing Or Guaranteeing Incomes Is That They Lose Sight Of The Conditions And Institution S That Are Necessary To Create Wealth And Income In The First Place.

The State, Of Course, Is Absolutely Indispensable To The Preservation Of Law And Order, And The Promotion Of Peace And Social Cooperation. What Is Unnecessary And Evil, What Abridges The Liberty And Threatens The True Welfare Of The Individual, Is The State That Has Usurped Excessive Powers And Grown Beyond Its Legitimate Function - The Super-state, The Socialist State, The Redistributive State, In Brief, The Ironically Misnamed 'welfare State.'