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December 14, 2017 at 5:59 pm
#21858
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On that token, Hamilton justified a large national debt on grounds that making rich bondholders dependent on the government would secure its perpetuity right?
If thats the case, could an argument in favor of a welfare state which says “making poor people (or all people) dependent on the government secures its perpetuity” be described as distinctly “Hamiltonian?”