Something
for nothing.
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Social Security, in case you don't know.
The fact that Social Security's generational highjacking is politically well established doesn't make it ethically legitimate. We send private Ponzi scheme organizers to prison for good reason. The puzzle is why people laud government for doing the same thing on a far greater scale — why we see no headlines reading, "Seniors hurt others in Ponzi scam."
"
The Government Runs the Ultimate Racket." By Gary Galles, Ludwig von Mises Institute, 3/12/08.
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