Robert Higgs Quotes
It would take little more than $50 billion to raise every poor person above the official poverty line, yet the percentage of the population classified as poor hardly budges, while annual welfare spending amounts to four times that much. Where's the money going?
Higgs, Robert. Against Leviathan: Government Power and a Free Society. Independent Institute, 2004.
The War on Poverty made substantial gains in reducing the percentage of poor people in America, but from 2000 till this statement in 2013, the economic policies and practices, together with the Great Recession, increased the assets of the richest Americans and also increased the percentage of poor Americans. See {634008}.
Robert Higgs is an American economic historian and economist combining material from Public Choice, the New institutional economics, and the Austrian school of economics; and describes himself as a "libertarian anarchist" in political and legal theory and public policy. His writings in economics and economic history have most often focused on the causes, means, and effects of government power and growth.