>That pretty much doesn't happen in any western country now, due to welfare.
You'd be surprised. Visit any western country (US, the UK, France, ...) and see it happening.
>If the desire is to prevent starvation and homelessness, transfer payments do a fine job; there's no need for intervention in the labour market or monetary system.
Not sure what those "transfer payments" are. Anything like Western Union money transfers?
You'd be surprised. Visit any western country (US, the UK, France, ...) and see it happening.
>If the desire is to prevent starvation and homelessness, transfer payments do a fine job; there's no need for intervention in the labour market or monetary system.
Not sure what those "transfer payments" are. Anything like Western Union money transfers?