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In Free Market Fairness, Brown University political science professor John Tomasi seeks to defend free markets on a Rawlsian “social justice” foundation. In laying the groundwork for his argument, Tomasi thinks it is notable that even most free-market thinkers appeal to “social justice” concerns, i.e., that they almost all — from Adam Smith to Herbert Spencer to Milton Friedman — stress that free markets are good for “the poor.”
I’ve entered Think Freely Media’s 2014 Great Communicators Tournament, which asks entrants to make moral argument for freedom. I hope you’ll take a moment to vote for my entry, and to share it with your friends. You can vote once a day, every day, until September 2.
The Debt Dialogues is a weekly podcast that aims to educate young people about the welfare state and how it will affect their future. In this episode, I interview Manhattan Institute fellow Scott Winship on economic inequality, mobility, and the American Dream.
This month marks the 79th anniversary of Social Security and the program’s finances are in disarray. The numbers are jarring. Social Security faces $23.1 trillion in unfunded liabilities, according to the program’s trustees, and if nothing changes, by 2033, payments will have to be cut by almost a quarter. The longer we wait to act, the more circumscribed our options will be.
The moral foundation of the welfare state is altruism: the doctrine that we have a duty to sacrifice for the needs of others. (See my interviews with Onkar Ghate and Peter Schwartz.) If you want to get a real sense of the meaning of this doctrine and its implications for human life, the best source is Ayn Rand. But Rand is often accused of caricaturing altruism.
The S&P recently came out with a report on how inequality is allegedly dampening economic growth. If you’re following the debate over Thomas Piketty’s book Capital in the Twenty-First Century, don’t miss this analysis from the Tax Foundation or this article from Don Boudreaux.
In his latest op-ed on Politix.topics.com, “Is Obamacare Here to Stay?,” ARI fellow Don Watkins asks: What does the history of Social Security tell us about the future of Obamacare?
On the July 16 edition of Coffee & Markets, Brad Jackson and Allysen Efferson had me on to discuss my new book on Social Security, how FDR’s program has hurt American self-reliance, and my End the Debt Draft campaign.
The Debt Dialogues is a weekly podcast that aims to educate young people about the welfare state and how it will affect their future. In this episode, I interview Lee Ohanian, Professor of Economics at UCLA, on the state of the economy.
