The growth of transfers from miniscule to major proportion of the
gross national product has resulted in a decreasing productivity,
increasing allocation of resources in obtaining and maintaining
transfers, as well as increasing the social tension over the
legitimacy and allocation of transfers. The authors of this study
trace the historical reasons for the rise of transfers, most
specifically in the United States. They offer a detailed analysis
of the impact of the entire constitution and its interpretation on
economic activity. In their provocative conclusion they argue
against the willing surrender of transfer privileges and offer in
solution the suggestion that new constitutional provisions be
drafted to limit the power of government to effect transfers and
reestablish our economic health. For students of Economic History,
Public Policy and American Government. Originally published in 1980
by the Hoover Institution Press.
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