Quotation of the Day…
by Don Boudreaux
on May 26, 2023
… is from page 52 of my late, great colleague Walter Williams’s 2011 book, Race & Economics:
Income-subsidy programs disguise the true effects of labor market restrictions created by unions and other economic agents by casting a few crumbs to those denied jobs in order to keep them quiet, thereby contributing to the creation of a permanent welfare class.
