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