Man vs. The Welfare State

Index

Agriculture, Department of, 39, 182, 201

Aid, foreign. See Foreign aid (economic)

American Economic Foundation, 205

American Farm Bureau Federation, 174

American Institute for Economic Research, 205

American Telephone and Telegraph Company, 203

Anderson, Professor Martin, 192, 203

Annalist, The, 85

Antitrust laws, 47, 207

Artisans’ Dwellings Acts, 192

Austerity programs, 118-120

Automation, 64

Balance of payments, 15, 16, 17, 18-20, 21, 119, 139, 142, 159, 160, 166, 188

Balanced budget, 11-12, 14, 216

Balzac, 155

Banking, 155-156

Bastiat (French economist), 70, 122, 209

Birth control, 55

Brandt, Professor Karl, 54-56

Bretton Woods, N. H., 16, 19, 20, 158

Brookings Institution, 74, 90

Brozen, Professor Yale, 25

Buchanan, Professor James, 218

Burns, Professor Arthur, 25

Califano, Joseph A., Jr., 181

Campbell, Professor Colin, 218

Capitalism, 37, 95-96, 97, 170, 171, 174, 175, 177, 179, 200

Capitalism and Freedom, 84, 89

Capitalism, Socialism and Democracy, 208

Cassel, Gustav, 2, 184

Chase Manhattan Bank, 43

Chicago, University of, 84

Chrysler Motors Corporation, 43

Citibank. See First National City

Bank of New York Citizens Foreign Aid Committee, 205

Clinical Laboratories Improvement Act of 1967, 49

Collective bargaining, 25, 27

Commerce, Department of, 18-19, 111

Common Law, 196, 218

Communism, 118, 168-169, 200, 205

Communist Manifesto, 105

Competition, 42, 45, 46, 47, 48, 52, 112

Consumer price index, 30

Consumers, protecting the, 35, 43-44, 48-53, 119-120

Council of Economic Advisers, President Johnson’s, 33, 54, 63, 66, 138

Credit, 29, 32, 40, 156, 158, 160, 212, 216

Cybernation, 64

Daily Telegraph, London, 76

Deficit financing, 5-9, 34

de Gaulle, Charles, 153

Depression. See Great Depression

Dicey, A. V., 94, 212, 219

Drug control laws, 50

Economic planning, 115-136, 137-139, 176

Economic Report of 1967, President’s, 18

Economic Report of 1968, President’s, 19

Economists’ National Committee on Monetary Policy, 205

Edward III, 191

Eisenhower, Dwight D., 181

Eliot, George, 155

Elizabeth I, 92

Engels, Friedrich, 105

Exchange controls, 134, 178, 217

Fallacies: in growth rate statistics, 124-126

of GNP, 126-128

Famines, government-induced, 54-56

Federal Aid to the poor, 60, 78

Federal Bulldozer, The, 192-193

Federal Communications Commission, 182, 203

Federal Power Commission, 49

Federal Reserve Banks, 5, 6, 21, 156

Federal Trade Commission, 182, 203

Fire Safety Act of 1967, 49

First National City Bank of New York, 43, 105, 150

Fitzhugh, Gilbert W., 137-138

Five-Year Plans, 117-118, 124, 174

Food and Drug Administration, 182, 203

Food for Peace, 56

Food production, 54-56

Food Research Institute, Stanford University, 54

Ford Motor Co., 43

Foreign aid (economic), 165-179, 204

Foreign investment, 176-177, 179

Foundation for Economic Education, 205

Franchise, restricted to taxpayers, 212, 219

Free market, 19, 31, 33, 35, 41, 47, 52, 116, 117, 123, 132, 133, 135, 136, 170-171, 172

Friedman, Professor Milton, 25, 84, 85, 86, 89

Furness, Betty, 50-51

Galbraith, Professor J. K., 117, 119-123, 210

Gallup Poll, 63, 101

General Electric Company, 43

General Foods Corporation, 52

General Motors Corporation, 43

Gestido, President (Uruguay), 146

GNP. See Gross national product Gold exchange standard, 15-16, 20-21, 158-159, 217

Gold standard, 20, 153-163, 213-214, 217

Government loans, 177-179

Government power and intervention, 116-117, 128-129, 180-184, 185-198, 200, 204-205, 206-208, 210, 216-220

Government spending, 2, 4-9, 18, 100, 112, 180-181

Great Depression, 4, 57, 157

Great Society, 181

Gross national product, 9, 13, 14, 124, 126-128, 129, 134, 147

Growth Planners, 122-124, 129, 130-131, 135-136

Growth-rate fallacies, 124-126

Guaranteed Income, The, 63

Guaranteed incomes, 62-64, 65-77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 88, 89, 90, 91, 93, 95, 96, 97, 99, 100, 101, 104, 205, 218

Guaranteed jobs, 101-103, 104

Haberler, Professor Gottfried, 25

Hamilton, Alexander, 184

Health, Education, and Welfare, Department of, 181, 201-202

Henry VIII, 51

Hoover Commission, 181

Housing and Urban Development, Department of, 201

Hume, David, 12-13

IBM, 74

IMF. See International Monetary Fund

Incentive, 77, 79, 81-82, 83, 84, 85, 86, 87, 88, 90, 91, 93, 95, 109, 135, 166, 198, 211, 220

Income tax: corporation, 109-114

graduated, 104, 105-108, 189, 219

rates in foreign countries, 105, 106, 107

revisions necessary, 219

Industrial Revolution, 64, 96

Inflation, 8-9, 13-14, 15, 17, 20, 32, 33, 34, 35, 40, 83, 130-135, 136, 138-139, 143, 145, 146, 148-149, 150-152, 159, 161, 162-163, 166, 173, 178, 184, 212-213, 215, 216

Internal Revenue Service, 182

International Monetary Fund, 17, 19, 20, 21, 152, 158, 159, 160, 163, 200, 213, 216

International Monetary Statistics, 152

Interstate Commerce Commission, 182

Interstate Land Sales Full Disclosure Act of 1967, 49

Investment: corporate income tax a discouragement to, 109, 110-112, 113-114

in foreign countries, 176-177, 179, 217

inflation a stimulus to, 134

optimum conditions for, 135

Johnson, Lyndon B., 11, 18, 19, 33, 49, 50, 51, 52, 67, 172, 181, 192, 206, 210

Joint Economic Committee, Congressional, 63, 74

Jonson, Ben, 155

Kennedy, John F., 49, 51

Keynes, John Maynard, 5, 6-8, 130, 158

Kingsport strike, 203

Kohler strike, 203

Labor Standards Act of 1938, 24

Labor Statistics, Bureau of, 67

Labor unions, 25, 26, 27, 28, 32, 136, 187, 202, 218

Laissez faire, 185, 186

Land reform, 172, 173, 176

Larkin, Arthur E., Jr., 52

Lecky, W. E. H., 108

Libertarians, the task for, 199-214, 216-220

Lindsay, John, 103

Locke, John, 47, 196

Louis XV, 191

McCulloch, J. R., 219

McGraw-Hill Book Company, 192

Machinery and Allied Products Institute of Washington, 113

Man Versus The State, The 185, 186-192, 193, 195

Manchester Guardian Weekly, 141

Marx, Karl, 105

Master Plan, 116-117

Means test, for welfare programs, 72, 73-74

Medical Device Safety Act of 1967, 49

Medicare, 58, 59, 77, 204, 205

Menuhin, Yehudi, 42

Metropolitan Board of Works, 192

Metropolitan Life Insurance Company, 137

Mieszkowski, Dr. Peter, M., 90

Mill, John Stuart, 94, 212, 219

Minimum wage laws, 23-24, 25, 103, 217

Mises, Ludwig von, 37, 214

M.I.T. Press, 192

Moliere, 155

Monopoly, 42, 43, 45-46, 47

National Commission on Technology, Automation, and Economic Progress, 62-63

National debt, 10-14

National Labor Relations Board, 26, 27-28, 182, 202, 207

National Review, 177

National Workers Convention (CNT; Uruguay), 147

Nation’s Business, 144

Natural Gas Pipeline Safety Act of 1967, 49

Negative income tax, 74, 80-81, 84-91, 97-100

Negroes, 24, 25, 103

New Deal, 92, 186

New York Times, 85, 103, 146, 148, 181, 182-183

New York University, 203

NIT. See Negative income tax

Nixon, President Richard M., 97-98, 99, 100, 181

Norris-LaGuardia Act, 26, 27, 217-218

Norsky, Karel, 141

Okun, Arthur, M., 33

Oligopoly, 43, 44

Orwell, George, 185, 198

Parity, 20

Patronage, growth of, 183

Pechman, Dr. Joseph A., 74, 90

Petro, Professor Sylvester, 203

Picasso, Pablo, 42

Planned Economy, 2, 184

Planned parenthood, 55

Poor Law Commissioners, 197

Poverty Is Where the Money Is, 60

Price controls, 29-33, 35-42, 46-47, 133, 184, 205, 218

Prices: connexity of, 36-37, 43

determination of, 35-37, 41

Production: corporation income tax a discouragement to, 109, 113, 114

cure for poverty, 95

incentives to, 95

Public education, 190-191

Puerto Ricans, 103

Purchasing power, 4, 5, 6, 14, 29, 83, 131, 150, 151, 159, 162

Rent control, 190, 205, 218

Representative Government, 94

Roosevelt, Franklin D., 12, 57

Roth, William V., Jr., 181

Rundt, S. J. & Associates, 142, 147

Savings, discouragement of, 79-80

Scheibla, Shirley, 60

Schumpeter, Joseph A., 208

Securities and Exchange Commission, 49, 182, 203

Shuman, Charles B., 174

Slappey, Sterling G., 144

Smith, Adam, 14, 196, 211, 219

Social Security, 2, 57, 58-59, 61, 66, 67, 73, 77, 78, 79, 89, 99, 127, 201, 204, 205, 218

Social Security Act (1935), 187

Social Security Board, 59

Social Statics, 196

Socialism, 171, 173, 174, 175, 176, 177, 179, 189, 199, 200, 205, 215

Socialism, 214

Special drawing rights (SDR’s), 21-22

Spencer, Herbert, 183, 185, 186-192, 193, 194-197, 198

Stanford University’s Food Research Institute, 54

Sulzberger, C. L., 146

Swedish Taxpayers’ Association, 107

Taft-Hartley Act, 26-27, 202, 218

Tax Foundation, 205

Taylor, Elizabeth, 42-43

Terborgh, Dr. George, 113

Theobald, Robert, 63-64, 65, 67, 70, 71

Tobin, Professor James, 25, 90

Truth-in-Lending Act of 1967, 49, 206

Unemployment, 131-132, 147

Unemployment insurance, 99, 204

Uruguay, example of welfare state, 140-149

Veterans Administration, 201

Vogt, William, 67-68

Wage increases, 23-28, 32, 33

Wagner Act, 25, 26, 27, 218

Welfare and Pension Protection Act of 1967, 49

Welfare programs, 57, 58-61, 62-83, 84-91, 97-100, 128, 141, 143, 145, 146, 152, 173, 181-182, 184, 201-202, 204, 205, 209-210, 211, 218

British, 91-95

Welfare state, 2, 22, 29, 34, 35, 97, 104, 120, 121, 122, 140, 142, 143, 145, 146, 147, 149, 195, 209, 213

Westinghouse Electric Corporation, 43

White, Harry Dexter, 158

Wholesome Meat Act of 1967, 49, 50

Williamson, W. Rulon, 59

Wilson, Woodrow, 180

Yale University, 90