Welfare is usually seen as state-run activity. Yet, as Mises and others have noted, state-sponsored welfare undermines the economy and expands government power. Private charity is the only system that is sustainable and just.
Welfare is usually seen as state-run activity. Yet, as Mises and others have noted, state-sponsored welfare undermines the economy and expands government power. Private charity is the only system that is sustainable and just.
The Austrian school recognizes that economic analysis
