I believe that the Welfare State redistributes poverty and reduces income. As Karl Kraus once said of psychoanalysis, the Welfare State is the disease which it purports to cure.
Arnold KlingAnyone who believes that we can afford collectively what we cannot afford individually is delusional.
Arnold KlingI think that the main issue with inequality is not the gap between the rich and the poor. It is the gap between the earnings of top business leaders and the salaries of academics and journalists.
Arnold KlingConstitutional provisions are not barriers to government misconduct. At best, they can be speed bumps.
Arnold KlingYour generosity is reflected in what you do with your own money, not in what you do with other people's money. If I give a lot of money to charity, then I am generous. If you give a smaller fraction of your money to charity, then you are less generous. But if you want to tax me in order to give my money to charity, that does not make you generous.
Arnold Kling