Transfers in Kind: Why They Can Be Efficient and Nonpaternalistic – Comment |
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| Authors: | Walter Block |
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| Institution: | 1. College of Business Administration, Loyola University New Orleans, 6363 St. Charles Avenue, Box 15, Miller 321, New Orleans, LA, 70118, U.S.A
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| Abstract: | Bruce and Waldman make an important contribution regarding the Samaritan dilemma: the expectations of inheritance motivates the younger generation at the margin in the direction of welfare reducing behavior. However, these authors misinterpret the standard analysis on this matter as prediction instead of explanation; confuse governmental subsidies with private charitable giving, and uncritically examine Headstart and statist job training programs. |
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