Politicians tell us that welfare programs are absolutely necessary – and helpful. But they ignore the fatal trap that Benjamin Franklin uncovered over 250 years ago: The more you subsidize something, the more you get – government welfare programs make things worse.

Path to Liberty: August 19, 2026

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REVOLUTION BETRAYED – America Rebuilt the System the Founders Fought a War to Secede From

Benjamin Franklin – On the Price of Corn and Management of the Poor (1766)

Benjamin Franklin to Peter Collinson, 9 May 1753

Bastiat – What is Seen and What is Not Seen, or Political Economy in One Lesson (1850)

Benjamin Franklin – On the Laboring Poor (April 1768)

Henry Hazlitt – The Poor Laws of England (1971)

An Act for the Relief of the Poor (1601)

Richard Dunning – Bread for the Poor (1698)

Thomas Jefferson – to Joseph Milligan, Addition to Note for Destutt de Tracy’s Treatise on Political Economy (18 May 1816)

James Madison – On the Memorial of the Relief Committee of Baltimore, for the Relief of St. Domingo Refugees (10 Jan 1794)

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Michael Boldin