The Conquest of Poverty

Index

Index

Africa, 28, 162

Aid to Families with Dependent Children (AFDC), 97, 98, 102–104, 201, 202

Aid, foreign, 159–177; cost of, 170–172

Amenities, 51

American Enterprise Institute, 91n.

American Relief Administration, 17

Ancient world, 13

Annalist, The, 117n.

Anne, Queen, 73

Anticapitalist mentality, 47

Argentina, 19

Ashton, T. S., 17n.

Asia, 28, 162

Augustus, Emperor, 68

Aurelian, Emperor, 68

Australia, 122

Austria, 85, 122

Automobiles, 51, 57, 212–213

Bailward, W. A., 74

Baltimore, 93

Banfield, Edward C., 182–183

Bastardy, 78, 196

Bastiat, Frederic, 190

Bauer, P. T., 176n.

Beame, Abraham, 101

Belgium, 122

Bennett, M. K., 35

Beveridge, Sir William, 86

Biafra, 18

Bismarck, Otto von, 85

Blind, Aid to the (AB), 97, 201, 209

Bliss, William D. P., 180n.

Böhm-Bawerk, 223n.

Böhmert, 180

Booth, Charles, 180

Boswell, James, 215n.

Bouthoul, Gaston, 15n.

Brezhnev, Leonid I., 124

Britannica, Encyclopedia, quoted, 15, 74, 85

Brozen, Yale, 147

Budget deficits, 148

Burns, Arthur, 147

Caesar, Julius, 68

“Cake,” how to bake a bigger, 220–222, 226

California, 100

Campbell, Colin D. and Rosemary G., 89n.

Canada, 122

Capital accumulation, 123, 138–139, 148, 231

Capital investment, 123, 138–139; per production worker, 139

Capitalism, 40, 43, 50, 52, 54, 124, 153–158, 177; as cure for poverty, 232–234

Carleson, Robert, 102

Carlyle, Thomas, 16

Census, Bureau of, 35, 36, 37

Chadwick, Edwin, 74

Charity, private, 191, 197, 201–202, 207, 214–215, 234; Greatest Economic, 214

Charles II, 41

Chile, 173

China, 17, 18, 28

Cholesbury, 74

Cities, “Model,” 97

“Class cultures,” 182

Claudius, 68

Collectivist Economic Planning, 158n.

Commission, Royal, report of 1832, 74–83, 191; report of 1905

Communism, 172–174

Community Action Agencies, 99

Competition, 152, 211, 233

Conference Board, 139n.

Congo, 18

Constantinople, 68

Corporation Income: division of, 45–48; 114, 213

Corporations, 45–48, 114, 213, 231

Cuba, 172–173

Darwin, Charles, 16

Deficits, 148

De Leon, Daniel, 113

Denmark, 122

Department of Commerce, U. S., 219, and passim

Destruction, 19, 234

Dickens, Charles, 82

Diminishing returns, law of, 24

Diocletian, Emperor, 70–71

Disabled, aid to, 97, 201, 209

Distribution: of income, 40–58, 231; misleading term, 56–58

Dividends, 45, 114

Dollars, 174

Drug addicts, 200

Dunning, Richard, 73

Economic Advisers, Council of, 32, 33, 45

Economic Calculation, 158, 233; in the Socialist Society, 158n.

Economic Consequences of the Peace, The, 219

“Economic Growth,” 149

Economic Opportunity, Office of, 97

Economic Report of the President, 37, 45

Economics In One Lesson, 147

Economist, The London, 215

Education, 51–52, 97, 98, 182, 205–207, 234

Egypt, 15, 173, 219

Electric power, 50

Elizabeth, Queen, 41, 72, 105, 190

Encyclopedia Britannica, quoted, 15, 74, 85

Encyclopedia of Social Reform, The, 180

England, famine in, 14, 15; History of, 159; Poor laws of, 72–84, 111; population of, 16–17. See also Great Britain and United Kingdom

Employment, government-guaranteed, 105–112

Envy, 32, 217; on appeasing, 125–130

Equality, 124; of destitution, 234

Erhard, Ludwig, 168–169

Erlich, Paul, 27

Europe, 168

“Exploitation,” 47

Expropriation, 211

Fable of the Bees, 216

Faguet, Emile, 128n.

Failure of the New Economics, The, 149

Fairchild, Henry Pratt, 17n.

Fallacy of “providing jobs,” 105–112

False remedies for poverty, 143–149, 230–231

Faltermayer, Edmund K., 65n.

Family Allowance Act, 86

Family Assistance Plan, 97

Family incomes, 48–49

Famine, 14–15, 17–18

Farm subsidies, 120, 148

Federal contribution to relief, 94–96, 197

Feeble-minded, 209

First National City Bank, 122n., 123, 212

Fisher, Irving, 124

Fitzwilliams, Jeanette M., 37

Food, 218

Food stamps, 97, 120, 148, 199–200

Ford, Henry, 212–213

Ford Motor Co., 212–213

Foreign aid, 159–177; cost of, 170–172

Foreign investment, 159–177

Forgotten man, 148

Fortune, 65n.

Foundation for Economic Education, 176n.

France, 15, 122, 126

Franchise, and relief recipients, 202–205

Free enterprise, 175, 187, 232–234

French Revolution, 128; of 1848, 126

Friedman, Milton, 147

Friedman, Rose D., 33–36

Fuchs, Victor R., 38n.

“Full employment,” 149

“Gapology,” 176

Garvey, Marcus, 64

General Accounting Office, 101

General Theory of Employment, Interest, and Money, The, 219–222

George, Henry, 121

Germany, 85, 122, 168–169

Glazer, Nathan, 99

Government, role of, 187–209, 231

Gracchus, Gaius, 67

Gracchus, Tiberius, 66, 120

Great Britain, 86, 167–169. See also England & United Kingdom

Greece, 69

Green, Edith, 97

Gross national product, 42

Guaranteed annual income, 116–117, 143, 230

Haberler, Gottfried, 147

Hardin, Garrett, 29n.

Harper, F. A., 214

Harvard, 168

Haskell, H. J., 67

Hayek, F. A. von, 158n., 176n., 191, 227n.

Hazlitt, Henry, 116n., 158n.

Head Start, 97, 98

Health, Education and Welfare, Department of, 98, 103–104

Health insurance, compulsory, 85

Health programs, 97

Health Service Act, 86

Heckscher, Eli, 216

Henry VIII, 73

Himmelfarb, Gertrude, 22

Hoff, T. J. B., 158n.

Holmes, Justice, 125

Hoover, Herbert, 18

Housing, public, 97, 98

Howe, M. de Wolfe, 125n.

Human Action, 158n.

Human Events, 98n.

Human Resources Administration, 101, 200

Humboldt, Wilhelm von, 207

Hungary, 85

Hunger and History, 13

Hutt, W. H., 63, 91

Illusions of Point Four, 176n.

Impatience, 19, 234

Incentives, 185, 204, 209, 230, 231

Income, 43; business and professional, 45, 114; distribution of, 40–58; in dividends, 45, 114; disposable personal per capita, 115; of employees, 46; family, 48–49; from farming, 45; guaranteed annual, 116–117, 143; in interest, 45, 114; international comparisons, 55–56; median, 43, 44; personal, 114; redistributing, 113–124, 143; rental, 45; sources of, 44–45; of stockholders, 46–47, 114; in wages, 45, 114

Income Tax, 114–115, 122, 231; “negative,” 116–120

Indeterminacy theory, 132

India, 15, 17, 37, 173, 209

Industrial Revolution, 16, 18, 25, 41, 54, 55, 160, 178

Inequality of incomes, 53, 233, 234

Inflation, 70, 96, 148–149

“Instinct of workmanship,” 115

Institute of Economic Affairs, 176n.

Intelligent Woman’s Guide to Socialism and Capitalism, The, 218n.

Interest, 45, 114

International Economic Policy Association, 163

Investment 123, 138–139, 214–228, 234; foreign, 159–177; per production worker, 139

Ireland, 17, 18

Italy, 122

Japan, 122, 161–162

Job Corps, 97

Jobs, fallacy of providing, 105–112; opportunity program, 98; ownership of, 133; training, 97

Johnson, Lyndon B., 32, 72, 83

Johnson, Samuel, 125, 215

Kershner, Howard E., 113n.

Keynes, John Maynard, Lord, 219–227

Keynesianism, 140, 222, 224–225

King, Gregory, 73

Knight, Frank H., 121

Labor unions. See Unions

Labor Party, British, 127

Labor-saving machinery, 145, 231

Labor Statistics, Bureau of, 36

Labor theory of value, 156

Laissez-faire, 169, 179

Land reform, 120, 143

Laski, Harold J., 125n.

Latin America, 28, 167

Lawyers, 99

Lend-Lease, 167–168

Levellers, 125

Lloyd George, David, 83, 86

“Lower-class culture,” 182–183

Luck, 184–185

Luxuries, 53

Macaulay, Thomas Babington, 159–160

McGovern, Senator George, 120

Malthus, Thomas R., 16, 20–30, 40, 217

Man vs. the Welfare State, 116, 147, 176n.

Mandeville, Bernard, 216

Marginal utilities, 53

Marshall, Alfred, 41, 42n.

Market, free, 124, 152

“Market is color-blind, The,” 63

Marryat, Captain Frederick, 216

Marshall, General George C., 168

Marshall Plan, 167–169, 174

Marxist labor theory of value, 156

Meadows, Dennis, 27

Means test, 199

Medicaid, 97, 120

Medicare, 87, 120

Mercantilism, 216

Merit vs. “Luck,” 184–185

Michigan, 100

Middle Ages, 14, 15

Middle East, 167

Midshipman Easy, Mr., 216

Mill, John Stuart, 24–25, 56–57, 139–140, 188–189, 191, 193–195, 203–205

Miller, Herman P., 37n., 38n., 50, 55

Minimum wage laws, 63, 107, 147, 230

Mises, Ludwig von, 158n., 214

Model cities, 97

Money, 152, 155, 216, 218

Myrdal, Gunnar, 145

National City Bank, 122n., 123, 212

National Enquirer, 27n.

National Health Service Act, 86

National Insurance Act of 1911 (British), 83, 86

“Negative Income Tax,” 116–120, 230

Negroes, 147, 182; economic gains of, 59–65

Neo-Malthusianism, 23, 27, 29

Netherlands, 122

Nevada, 100

New Deal, 72

New Deal in Old Rome, The, 67

New York City, 79, 93, 101–102, 200

New York magazine, 100n.

New York Times, 99n., 101, 103n., 117n., 124n., 196n., 200n.

Newsweek, 101n.

Nixon, President, 27, 88, 91, 104

Norris-LaGuardia Act, 142

Norway, 122

Nutrition, “adequate,” 34–35

OASDI program, 89

Office of Economic Opportunity (OEO), 97, 98, 99

Oil companies, 167

Old Age Assistance (OAA), 97, 120, 148, 209

Old Age Pensions Act of 1908 (British), 83

Opinion Research Corporation, 46

Pakistan, 173

Paradox of relief, 207–209

Pareto, Vilfredo, 53

Pareto’s Law, 53–54

Passman, Otto E., 170

Paupers, 200–201

Pensions, 86

Perry, Commodore M. C., 161–162

Peru, 173

Phonographs, 51

Pigou, A.C., 54, 106

Point Four, 169–170, 176n.

Poor, “deserving” and “undeserving,” 184–186

Poor Laws: Amendment Act of 1834, 74–80, 111, 191, 193–195; Elizabethan, 105; of England, 29, 72–84; reform of 1834, 74–82, 111, 193–195; of Rome, 66–71

Poor Relief in ancient Rome, 66–71. See also Relief

Poorer, why some are, 178–186

Population: Bomb, 27; Essay on, 16, 20–30, 40; growth of, 17, 29; Malthus on, 20–30; and poverty, 20–30; “zero growth,” 29

Positive Theory of Capital, 223

Poverty: article on, 180; capitalism as cure for, 232–234; causes of, 178–186; “conditions associated with,” 181–182; cure for, 209, 229–234; defining, 31–39; false remedies for, 143–149; individual, 178–186; “line,” 209; mass, 232; paradox of, 179; pockets of, 178–179; and population, 20–30; problem of, 13–19, 186, 209; reasons for, 178–186; as residual problem, 18, 232; “threshold,” 36, 37, 38, 209; “war on,” 32; and Waste, 32, 215

Prentice, E. Parmalee, 13, 19

Price and wage controls, 71, 149

Private charity, 191, 197, 201–202, 207, 234

Private property, 124, 152; public purpose, 210–228

Production of wealth, 176, 186, 209, 231, 233

Profits, 45–48, 152, 213, 231; “excessive,” 48

Property, private, 124, 152; public purpose, 210–228

Pyramids of Egypt, 219

Radios, 51

Railways, 219, 234

Reagan, Governor Ronald, 100, 102, 103

Redistribution of income or wealth, 113–124, 143, 230–231

Refrigerators, 51

Relief, 93–104, 120, 148; “adequate,” 194; cash or kind, 199; dilemma of, 81–84, 194–195; Federal contribution to, 197–199; government role in, 187–209; ideology, 176; in form of loans, 204–205; as makeshift, 202, 230; means test for, 199; paradox of, 207–209, 230; recipients of, 202; uniform, 198. See also Welfare

Rent subsidies, 97, 98, 120, 148, 199–200

Representative Government, 203

Revolution, 128; French, of 1789, 128; of 1848, 126

Ricardo, David, 16, 190, 197–198, 217

Rich, as workers, 55

Rich Man, Poor Man, 37n., 38n.

Right to vote, 202–205

Roberts, George E., 212–213

Rome, ancient, famine in, 14; poor relief in, 66–71, 120, 190

Roosevelt, Franklin D., 32, 72, 87, 205

Rostovtzeff, M., 67, 69n., 70

Roth, Wm. V., Jr., 98

Rothbard, Murray C., 121

Royal Commission, report of 1832, 74–83, 191; report of 1905

Ruritania, 221–222

Russia, 17, 18, 19, 151, 154, 167–168, 173

Rustin, Bayard, 61n.

St. Louis, Mo., 93

St. Paul, Minn., 183

Samuelson, Paul, 50

San Francisco, 93, 100

Saving, 214–228, 232, 234; three kinds of, 224–228

Schumpeter, Joseph A., 22

Schoeck, Helmut, 125–126

Self-help, 209

Senior, Nassau W., 74, 80–83, 231–232

Sennholz, Mary, 214n.

Shaw, George Bernard, 217–219, 225

Sickness benefits, 148

Single tax, 121

Slave labor in Rome, 69

Smith, Adam, 24, 41, 160, 211–212, 215–217

Snyder, Carl, 53–54

Snyder, Richard A., 104n.

Social Security, 87–93, 120, 205

Social Security Administration, 33, 181

Socialism, 127, 207, 231; an Analysis, 158n.; why it doesn’t work, 150–158, 233

Soviet Russia, 17, 18, 19, 151, 154, 167–168, 173

Speenhamland plan, 73, 75

Spending, gospel of, 215, 217, 231

Spread-the-work schemes, 231

State, role of. See Government

Strachey, J. St. Loe, 74

Strikes, 133–138, 142

Subsidies, 231. See also Rent Subsidies

Sugarman, Jule M., 200

Sweden, 122

Switzerland, 122

Taft-Hartley Act, 142

Taussig, F. W., 190

Taxation, 231. See also Corporation Income and Income Tax

Taxpayers, 115, 148, 199

Technological progress, 53

Telephones, 51

Television sets, 51

Thornton, William, 139–140

Tiberius, Emperor, 68

Time, 101n.

Time Will Run Back, 158n.

Times, New York. See New York Times

Tobin, James, 147

Tocqueville, Alexis de, 128–130

Toilets, 50

Trevelyan, G. M., 73, 227n.

Truman, President Harry S., 169

Turgot, Baron de, 24

“Two Nations,” 31

Unemployment “insurance,” 86, 90–93, 120, 148

Unheavenly City, The, 182n.

Unions, 231; how they reduce wages, 131–142

United Arab Republic, 173

United Kingdom, 122. See also England, Great Britain

United Nations, 28

United States, 122, 141, 151, 161, 162, 173, 209, and passim

U. S. News & World Report, 101n., 103n.

Upward Bound, 98

Value, labor theory of, 156

Veterans’ programs, 97, 120, 148

Victorian Age, 111

VISTA, 97

Vote, and relief recipients, 202–205

Wage-Hour Law, 145–146

Wages, 44, 45; how unions reduce, 131–142; indeterminacy theory, 132

Wagner-Taft-Hartley Act, 142

Walford, Cornelius, 15n.

Wall Street Journal, The, 104n.

War on Poverty, 72, 83

Warner, Professor A. G., 180–181

Washing machines, 51

Wealth: dividing, 113–124, 143; inherited, 55

Webb, Beatrice, 83

Welfare, 94–104. See also Relief

Welfare programs, number of, 97–99

Welfare State, 83; ballooning, 85–92

Welfare Myths vs. Facts, 103–104

Welfarism gone wild, 93–104

West Germany. See Germany

What You Should Know About Inflation, 149

Will Dollars Save the World?, 174, 176n.

Wirtz, W. Willard, 101

Withers, Hartley, 32n., 215

Wood, John B., 176n.

Wohlfartsstaat, 85

Work, 232

Works Progress Administration (WPA), 109

Youth, rebellious, 19

Yugoslavia, 168