The state can and should redistribute income and wealth, but in doing so it should not weaken incentives to work and to save. Instead of simply providing handouts, governments should strive to guarantee good jobs at good wages.
第三个思想是现代福利国家。国家可以也应该实行收入和财富再分配，但与此同时不能破坏工作和储蓄的激励。政府不能只是做点宣传，而应该致力于保证好工作和好收入。