The Welfare State We're In is referred to in a Wall Street 'Econoblog' today by Arnold Kling, an adjunct scholar with the American think tank, the Cato Institute.

This is the relevant excerpt:

In a libertarian utopia, most families take care of themselves by working, saving, and purchasing insurance. Taxes are low, but charitable contributions are high, and most people who cannot take care of themselves are served by charities. As James Bartholomew points out in "The Welfare State State We're In," private charities have many advantages over government programs.

Posted by James Bartholomew • Indexed in Reviews

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