Thursday, December 5, 2013

Matt Z on Basic Income

M. Zwolinski has a piece up at on Basic Income.


Compare and contrast with Munger's comments.

My chief objection (if you can call it that) is that there's a robust market in paternalism fueled on the left and the right alike, both supply and demand. Ending the kaleidoscope of transfer programs faces severe transitional gains problems and may not be longitudinally stable.

It's still a very fine idea to ponder though.

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Do you have suggestions on where we could find more examples of this phenomenon?