With support from the University of Richmond

History News Network puts current events into historical perspective. Subscribe to our newsletter for new perspectives on the ways history continues to resonate in the present. Explore our archive of thousands of original op-eds and curated stories from around the web. Join us to learn more about the past, now.

Blogs Liberty and Power The Welfare-Warfare State in One Lesson

Sep 2, 2004

The Welfare-Warfare State in One Lesson

by Liberty and Power

I hate to pick on Glenn Reynolds twice in one day – oh, who am I kidding? I love it – but check the 3rd graf of this for a lesson in Reynoldsian economics. Massive, assured demand leads to decreased supply? Also note how"generous" he is willing to be with your money.