Preface -- The coming financial crisis : it's worse than you think -- Is the United States becoming Greece? -- The debt deniers -- It's about entitlements, stupid -- Social security : facing up to ponzi -- Medicare: the 800/pound gorilla -- Medicaid : strike two for government health care --...

In 1995, the Cato Institute published a groundbreaking study, "The Work vs. Welfare Trade-Off", which estimated the value of the full package of welfare benefits available to a typical recipient in each of the 50 states and the District of Columbia. It found that not only did the value of such...

The War on Poverty is 50 years old. Over that time, federal and state governments have spent more than $19 trillion fighting poverty. But what have we really accomplished?Although far from conclusive, the evidence suggests that we have successfully reduced many of the deprivations of material...