A smarter approach to the welfare state

posted by
February 24, 2011
Adam Smith Institute
by Ross Harvey  
Posted in Commentary

"After the Second World War, few people had a bank account. They were about one third as rich, had ten years less life expectancy, penicillin was the most expensive drug and a hip operation wasn’t even the stuff of sci-fi yet. So the state had to contrive a cashless system for the nation’s welfare and ‘free at point of delivery’ was born." (02/23/11)

 

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