The main reason why classical liberals smile upon the UBI, I fear, is its elegant simplicity. If we adopt one straightforward poverty program, we can rid ourselves of all the rest. Unfortunately, as my presentation explains, the UBI’s cost is exorbitant, the side effects are awful, and the moral justification is ultimately flimsy.
Tag: money
The First Amendment Protects Ex-Politicians Too
Most Americans loathe “lobbyists,” and most Americans think “bi-partisanship” sounds like a good, moderate idea representing compromise and common ground for the public good. So a surprise “bi-partisan alliance” between US Representative Alexandria Ocasio-Cortez (D-NY) and US Senator Ted Cruz (R-TX), with the proclaimed goal of passing a bill to ban politicians from working as “lobbyists” — maybe for life, maybe just for some long period — after leaving Congress was bound to get some good press.
Preferences Provide Opportunities
Very few of the things people choose between harm anyone. You might be bewildered by someone’s choice. You might even believe it’s immoral. Unless it “picks your pocket or breaks your leg” — to paraphrase Thomas Jefferson — it’s your responsibility to mind your business.
Trump’s Trade War Has Probably Permanently Damaged America’s Tech Leadership Position
On May 15, US president Donald Trump issued an “Executive Order on Securing the Information and Communications Technology and Services Supply Chain.” Pursuant to that order, a number of firms in the US (including Google, Qualcomm, and Intel) and abroad (including Panasonic and Arm) have reduced or even entirely cut their ties with Chinese firm Huawei.
Bernie Sanders’s War on Charter Schools Is Hardly Progressive
Bernie Sanders is fortifying efforts to preserve the educational status quo and stifle change. Earlier this week, the 2020 Democratic presidential candidate announced his 10-point plan for education reform, including banning for-profit charter schools, placing “a moratorium on public funds for charter school expansion” and ensuring that charter schools look and act the same as conventional public schools.
Late Bloomers and the Benefits of Delayed Success
At a dinner party several years ago, a woman and I chatted about education and parenthood. I had just met her and when I told her about our unschooling approach to education that prioritizes self-directed learning, she was visibly perplexed. “Don’t you worry about outcomes?” she asked. Yes, I replied. I want my children to be highly literate and numerate, to live a meaningful life tied to their interests and talents, and to have a strong sense of personal agency. “Well,” she responded, “for my kids, it might as well be either the Ivy League or jail.” She was only half-kidding.
Facebook Isn’t a “Monopoly” — Let’s Not Make it Into One
Facebook co-founder Chris Hughes, adding his voice to calls to “break up” the social media giant, calls it a “powerful monopoly, eclipsing all of its rivals and erasing competition.” In recent years, we’ve seen similar claims, and heard demands for similar remedies, aimed at Google, Amazon, and other large companies. Are these claims true? Are the large “dot-coms” monopolies in any real sense? The short answer is no.
Education Entrepreneurs Are the Only Ones Who Can Disrupt the Status Quo
It shouldn’t come as a surprise that most of the organizations I highlight in Unschooled are independently run. Disruptive innovation may originate with individual ingenuity, but it is fueled by consumer demand and value creation within the private sector.
Trump’s “Trade War” is a War on You
Punitive tariffs on Chinese and other foreign goods are simply corporate welfare. They are a mechanism for redistribution of wealth from American consumers and workers to the most politically connected American business owners. Those businesses can charge more for their product and still remain “competitive” because their product doesn’t have that extra tax levied on it.
The Art and Science of Physical Removal
That said, it is the even smallest potential for “libertarian socialism” that causes me to distance myself somewhat from Hoppe. That one-in-a-thousand leftie who just wants to live peacefully in a commune with his or her buddies down the road – so long as their chosen lifestyle and preferred economic models are kept among themselves and other willing participants who are free to leave at any time – is not and should not be considered a problem.