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Interesting. I have always thought that its simplicity was its primary virtue. The government winds down all of its existing entitlement programs (except, perha
by pdabbadabba 11y ago
Interesting. I have always thought that its simplicity was its primary virtue. The government winds down all of its existing entitlement programs (except, perhaps, for health insurance) and, instead, writes everyone a check for $x per month. The big question is just the right value of x.
But it sounds like you've looked at this harder than I have. What are the questions I'm overlooking?
- DanielBMarkham 11y agoI'm on the road right now, but here's an in-depth article I read awhile back. Note that I'm not against the idea. In fact, I think it has huge merit. But just like everything else, the devil is in the details. Just like in startups, in policy an idea is mostly useless. It's the execution that matters. We really need to see several dozen different governmental entities give this a shot in order to start having any kind of intelligent discussion at all. Look forward to seeing that happen. (PDF link follows) http://object.cato.org/sites/cato.org/files/pubs/pdf/pa773.pdf http://object.cato.org/sites/cato.org/files/pubs/pdf/pa773.p...