The reason governments cannot simply take money from some people according to how able they are, and give it to others according to how needy they are, is because people who were aware of that plan would not be foolish enough to accurately reveal their abilities and needs.
The Finnish experiments could help answer some of the many questions raised by a basic income proposal.
Social Security Advisory Board’s new report reveals the uncertainty related to the long-term projections for Social Security, with relatively small changes to some of the underlying assumptions significantly changing the program’s financial solvency outlook.
A recent Gallup poll finds that government employees are considerably more satisfied than their private sector counterparts with their compensation fringe benefits–namely government retirement plans (+25), health insurance benefits (+23), and vacation time (+17).
These proposals would soon leave any country that adopted them in ruins.
Federal spending under President Hoover doubled from 3.4% of GDP in 1930 to 6.8% in 1932, and he believed that unprecedented spending spree required that tax rates be even more than doubled to “restore confidence.” Unfortunately, things did not quite work out as planned
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By Jagadeesh Gokhale. Policy Analysis No. 762. October 22, 2014.
By Tad DeHaven. Policy Analysis No. 733. August 6, 2013.
By Jagadeesh Gokhale. White Paper . February 13, 2013.
By Michael D. Tanner. Policy Analysis No. 692. February 13, 2012.
Ten years after the Supreme Court’s infamous eminent domain decision, Kelo v. New London, Timothy and Christina Sanderfur’s Cornerstone of Liberty examines how dozens of new developments in courtrooms and legislatures across the country have shifted the landscape of private property rights since 2005. Through a combination of real-life stories and solid legal analysis, the authors explain how key issues like eminent domain, civil asset forfeiture, and environmental protection regulations have evolved and how they should be reformed.
To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.
The Libertarian Mind, by David Boaz, longtime executive vice president of the Cato Institute, is the best available guide to the history, ideas, and growth of libertarianism, and is the ultimate resource for the current, burgeoning libertarian movement. This acclaimed book is now available as a fully unabridged audiobook, ready for immediate downloading, on Audible.com.
In Lukewarming: The New Climate Science that Changes Everything, two environmental scientists with over a half century of experience between them explain the science and spin behind the headlines and come to a provocative conclusion: climate change is real, and partially man-made, but it is becoming obvious that far more warming has been forecast than is going to occur, and some of the catastrophic impacts can be shown to be implausible or impossible.