"The most important way that people get out of poverty is economic growth that free markets allow. The second-most important way -- maybe it's the first -- is family. There are lots of income transfers within families. Third would be self-help and mutual-aid organizations. This was very big before the rise of the welfare state."
This is an important but unappreciated point: Before the New Deal, people of modest means banded together to help themselves. These organizations were crowded out when government co-opted their insurance functions, which included inexpensive medical care.
Boaz indicts the welfare state for the untold harm it's done in the name of the poor.
"What we find is a system that traps people into dependency. ... You should be asking advocates of that system, 'Why don't you care about the poor?'"
I agree. It appears that when government sets out to solve a problem, not only does it violate our freedom, it also accomplishes the opposite of what it set out to do.
Thursday, April 08, 2010
Stossel on Libertarianism