The Journal of Libertarian Studies

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Origins of the Welfare State in America

  • The Journal of Libertarian Studies

Tags Taxes and SpendingU.S. EconomyInterventionism

07/30/2014Murray N. Rothbard

Standard theory views government as functional: a social need arises, and government, semi-automatically, springs up to fill that need. The analogy rests on the market economy: demand gives rise to supply (e.g., a demand for cream cheese will result in a supply of cream cheese on the market). But surely it is strained to say that, in the same way, a demand for postal services will spontaneously give rise to a government monopoly Post Office, outlawing its competition and giving us ever-poorer service for ever-higher prices.

Volume 12, Number 2 (1996)

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Cite This Article

Rothbard, Murray N. "Origins of the Welfare State in America." Journal of Libertarian Studies 12, No. 2 (1996): 193–232.

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