Monday, April 3, 2017

Who pays for the Welfare State?

The source of the graph is here. The data can be downloaded here. I think Anwar Shaikh had a paper with a title similar to this post. And the point is well illustrated in the graph. The working class itself pays for it.
By -
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Was Bob Heilbroner a leftist?

Janek Wasserman, in the book I commented on just the other day, titled The Marginal Revolutionaries: How Austrian Economists Fought the War...

  • Hyperinflation in Bitcoinland
    There are Gold Bugs and there are  Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
  • A reply to Wray - Part I
    By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
  • Milei and real wages in Argentina
    I was interviewed by Max Jerneck for his podcast, and he alerted me to this figure (see below), which apparently come from the Universidad ...