Quotation of the Day…

by Don Boudreaux on May 20, 2022

in Other People's Money

… is from page 12 of the original edition of Robert Higgs’s indispensable – and now more relevant than ever – 1987 book, Crisis and Leviathan:

The welfare state has become, if it was not from the beginning, the redistributional state. Government policies for the limited purpose of saving the most unfortunate from destitution have merged into governmental policies for the purpose of redistributing income and wealth among virtually all groups, rich as well as poor.

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