So what’s Browning’s solution? First, he reminds us of the biblical admonition “Thou shalt not steal.” Government income redistribution programs produce the same result as theft. In fact, that’s what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality.
This new book by Edgar K. Browning looks like a good read: Stealing from Each Other: How the Welfare State Robs Americans of Money and Spirit . Reviewed by Walter Williams here — excerpt:
For years I’ve used Professor Browning’s and his colleague Mark A. Zupan’s excellent textbook “Microeconomics: Price Theory and Applications” in my intermediate microeconomics class. “Stealing from Each Other” is a continuation of his academic excellence.
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