Monty Pelerin's World

Economic, Financial and Political Analysis

Tag archives for Welfare State

The Slow Death of Western Civilization

Massive economic change is sweeping the world. But, like the movement of glaciers, the change is slow, subtle and almost imperceptible. Few people are even aware of the change, no less its implications. In earlier writing I recommended that those under fifty explore alternatives to the US for living and working.  Western democracies are self-destructing [...]

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Why The Emigration Decision Is So Difficult

Readers often provide great insights and questions. Here is one from Reader Syrin on Why This Election Should Be A Rout And What To Do If It Isn’t: Monty, I agree with you, but here’s the question. Emigrate to where? I have three kids. Central or South America. Homes of the drug cartels and Banana Republics? [...]

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More on The Pathology of The Welfare State

There were several good responses to Welfare States R.I.P. The one below from SKull has been slightly edited for spelling and spacing, but otherwise remains as submitted. It is thoughtful and especially insightful. In essence, it is a confirmation of Albert J. Nock’s general observation on government: Taking the State wherever found, striking into its [...]

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The Economic Problems are Secular, Not Cyclical

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The US economy is spent. The current crisis, begun about five years ago, is still a severe recession despite claims otherwise. Even after squandering trillions of taxpayer dollars, there is no recovery. This is not “your father’s recession.” It is part of a more serious, deeper secular problem. What has happened has been treated as if [...]

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The Dependency Trap

From Larwyn’s Links comes this quote regarding dependency: QOTD: “The combination of the two welfare-policy reversions could be devastating, especially when combined with the Obama-backed massive expansions of food stamps and of eligibility for unemployment insurance. As others (including the American Enterprise Institute) have noted, the Obamite re-invigoration of the welfare state will almost assuredly [...]

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