From Mises Wiki, the global repository of classical-liberal thought
Welfare can refer to:
- the state of doing well especially in respect to good fortune, happiness, well-being, or prosperity
- aid in the form of money or necessities for those in need
- an agency or program through which such aid is distributed
- "Welfare - Definition and More from the Free Merriam-Webster Dictionary", referenced 2012-06-22.