Basic Income: Good, Better, Best

I sometimes play a game of “good, better, best”. The “best” represents the ideal, the thing we should all strive for. “Good” and “better” represent more likely outcomes or compromises.

No one seems to disagree that whatever the US is doing regarding poverty, we are terrible at it. It has created a nation of dependents who have little freedom. We have perverse incentives, rewarding people for bad behavior and punishing them for good behavior. For instance, if you go out and earn a little money, you lose even more money in benefits. We also have vast hordes of power-hungry bureaucrats […]

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