As a libertarian I'm faced with a somewhat perplexing question about how to handle entitlements. Take social security for example. It's a ponzi scheme that deprives the younger generation of their wealth in order to provide for the older generation. So, as a libertarian, should I refuse to accept this clear wealth transfer? And what about the business owner who solicits the governement for special tax incentives or other handouts? Should he refuse to petition the governement for such special consideration and allow his competition to do it instead? These are very interesting questions and one's I'll try to answer today.
