Saturday, June 04, 2016

Even some libertarians (Charles Murray) start looking at guaranteed basic income

The idea of just giving everyone guaranteed basic income has caught on with progressives, like on Vox, but now libertarian Charles Murray is proposing the idea in the Wall Street Journal.   This replaces all other programs, including Medicare and Social Security, and everyone gets health insurance for a set price a year (like $3000).   It's not clear what happens to seniors already receiving benefits.

Murray’s idea is that the idea would help build social capital and localism while jobs go obsolete and workweeks shrink.

Pretty interesting stuff.

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