Originally published 10/03/2013
Welcome to Weimar America.
Originally published 01/16/2013
Michael Lind is the author of Land of Promise: An Economic History of the United States and co-founder of the New America Foundation. Few conservative misconceptions are more deeply rooted than the idea than the welfare state competes with the market for resources. In fact, modern business and the modern welfare state have grown up together –and both have grown at the expense of the family.Before the industrial revolution, most production as well as most care-giving was performed within the farm household, by family members. You churned your own butter and you cared for your children, your elderly parents and your sick spouse at home.Thanks to the development of machinery powered by mined or collected energy—be it coal, oil, natural gas, nuclear or renewable energy—most production has long since moved out of the household into mechanized factories. You now buy your factory-produced butter in a store.
Originally published 08/29/2014
40 Years of Free Market Policies Is Long Enough for the Magic of the Market to Have Worked. So What Went Wrong?
The Democrats went ballistic when the numbers of Americans living in poverty hit 14.5 percent of the population in the early Reagan years. Today, it's 16 percent and neither party seems to take notice.
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