Tuesday, November 18, 2014

Basic income

Dylan Matthews takes another run at the universal basic income approach. It's a worthy effort but I don't think just giving people money is a real answer to the problem. All men (and women) may be created equal but by the time they get to life's economic starting line such is clearly not the case. Warren Buffet talks about the roots of his success being in that he won the birth lottery. He had good parents, good health, and was able to get a good education. If we really want to honor the "created equal" ideal, we need to find ways to level out the birth lottery playing field. The first goal of our welfare programs should be to improve the lot of children who have to run a race just to get to the starting line. This means food assistance, housing assistance, health care assistance, educational assistance, and guidance and counseling, and other sorts of things that help surmount obstacles. Another goal should be whatever aid is appropriate to individuals who are the least worthy to receive it. Even if a person has no ambition or is completely devoid of a work ethic, would it be moral to expect them to starve on the street?

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