Tags » The Welfare State

Libertarianism vs. the Welfare State, Round 2

“Freedom is never more than one generation away from extinction.” – President Reagan

More than a quarter century has passed since the Berlin Wall fell. 1,425 more words

Incarceration of Adult Males Caused Baltimore Riots?

Consider this CNN article about the Baltimore neighborhood that was the scene of recent riots (h/t Zenway). The writer says, about an older man–a blue-collar worker–who… 2,043 more words

Open Threads

THE DEPARTMENT OF WE HAVE NO WORK AND NO PENSIONS

I have held something back from this blog.

Well mostly I just kept forgetting as I am busy with camera duties while on my bike and I have some blood tests I need to get around to doing… 1,679 more words

INCOMPETENCE AT DOCTOR'S SURGERY - MY ONGOING STORY

I live in Hampshire, UK. I am registered as a patient at Stokewood Surgery, Fair Oak Road, Fair Oak, Hampshire, UK. Telephone 023 8069 2000 (for those outside the UK, remove the zero at the front and add 44). 866 more words

Personal Stuff

U.S. Worried about EU Stagnation

For the people who live in the European Union, daily life offers challenges in the form of zero growth, high unemployment, lack of opportunity and a gloomy outlook on the future. 1,329 more words

QE and Structural Deficits

When a welfare state runs out of taxpayers’ money they run a so called structural budget deficit. That is a deficit that does not go away with strong growth but remains in the government budget, theoretically forever, in practice over a period of time longer than at least one business cycle. 828 more words

Europe's Structural Deficit Problem

In my book Industrial Poverty I diagnose the European economic crisis as being a permanent state of economic stagnation, caused by a fiscally unsustainable welfare state. 802 more words