Mises Daily
Author:
Henry Hazlitt
Online Publish Date:
[This essay is from Hazlitt’s book Man vs. The Welfare State (New Rochelle, NY: Arlington House, 1969, pp 84–100; available in PDF ). It is an early critique of a proposal made by Milton Friedman that later came to be proposed by Richard Nixon and a version enshrined into law as the Earned Income Tax Credit, which is now the largest cash transfer