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Quote by Arnold Kling

“I believe that the Welfare State redistributes poverty and reduces income. As Karl Kraus once said of psychoanalysis, the Welfare State is the disease which it purports to cure.”

Quote by Arnold Kling

Author

Arnold Kling is an American economist known for his insightful views on technological change and macroeconomic policy. He has worked at the Federal Reserve Bank and Bell Labs, and served as a professor of economics at George Mason University. more

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