11. Income Without Work
CHAPTER 11
Income Without Work
12. Fallacies of the Negative Income Tax
CHAPTER 12
Fallacies of the Negative Income Tax
13. Can We Guarantee Jobs?
CHAPTER 13
Can We Guarantee Jobs?
14. Soaking the Rich
CHAPTER 14
Soaking the Rich
EVERYWHERE WE TURN TODAY WE FIND THE WELfare state—the state that promises guaranteed jobs, guaranteed incomes, the guaranteed life, security from cradle to grave, the quick if not overnight elimination of poverty. And the principal way in which it undertakes to achieve these goals is to seize from those who have and give to those who have not.
15. Soaking the Corporations
CHAPTER 15
Soaking the Corporations
16. Government Planning vs. Economic Growth
CHAPTER 16
Government Planning vs. Economic Growth
WHEN WE DISCUSS “ECONOMIC PLANNING,” WE MUST be clear concerning what it is we are talking about. The real question being raised is not: plan or no plan? but whose plan?
17. Government As Prosperity-Maker
CHAPTER 17
Government As Prosperity-Maker
IN A SPEECH IN DECEMBER, 1967, GILBERT W. Fitzhugh, chairman of the board of the Metropolitan Life Insurance Company, neatly stuck a pin in the pretensions of “the new breed” of economists.
18. Uruguay: Welfare State Gone Wild
CHAPTER 18
Uruguay: Welfare State Gone Wild
IF THERE WERE A NOBEL PRIZE FOR THE MOST EXtreme or worst example of the welfare state (and if the outright Communist states of Russia and China were made ineligible), which country has done most to earn it?
19. Inflation Is Worldwide
CHAPTER 19
Inflation Is Worldwide
THE EPIDEMIC OF INFLATION IS NOT MERELY AMERIcan but worldwide. And in most countries it is growing more virulent.
The First National City Bank of New York keeps score annually. Its table published in August, 1968, shows the currency depreciation in 45 countries, in 1967 and over the preceding 10 years, as measured by cost-of-living indices.
20. The Case for the Gold Standard
CHAPTER 20
The Case for the Gold Standard
