Remember the Quaint Old Days . . .
June 20, 2024
. . . when the socialists (disguised as “liberals”) argued that welfare did not create a work-disincentive effect? And how conservatives would ridicule the idea by saying, “Well, if that’s true, why so stingy? Why not give them Mercedes Benz automobiles, half million dollar condos, . . . “
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.

