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Tag Archives: pernicious economic incentive
The Failure of the Welfare State
Dear Friends, It seems to me, Quantitative Easing, (QE), or in other words, monetizing debt, is the ultimate repudiation of welfare state economics. Greece, is the poster child for the failure of both the welfare state, (socialism by another name), … Continue reading
Posted in economy, Group Politics, International Power, philosophy, polictics of class envy
Tagged 1984 george orwell, bailouts, brave new world, economics, keynesian economics, market system, monetizing debt, negative interest rates, new class progressives, pernicious economic incentive, pernicious incentives, politicians, qe, redistribution, stimulus, uber rich, wall street versus main street, welfare state capitalism
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