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The Arguments of Shaffer and Frank: A Summary
These three undergraduate essays examine the conventional neo-liberal wisdom that balanced budgets are the ultimate in economic rationality, that social security must be privatized, and that welfare is a boondoggle for the poor. The author refutes questionable claims that all of AmericaÂ’s socioeconomic problems have been caused by too much government and has grave doubts that if the government refrained from interfering with the economy, our free market system would resolve every social and economic problem we have and deliver lasting prosperity.
