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In Our Hands: A Plan to Replace the Welfare State
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In Our Hands: A Plan to Replace the Welfare State
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Charles Murray
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In Our Hands: A Plan to
In the decades ahead, a life well-lived will often have to be one that does not involve a job traditionally defined. A universal basic income will be an essential part of the transition to a world unlike any in the history of our species.
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Charles Murray
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In Our Hands: A Plan to
Discarding the welfare state in favor of a universal basic income is no longer something that would be economically feasible in America's future. It is economically feasible right now.
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Charles Murray
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In Our Hands: A Plan to
That's the UBI. A cash grant, with a surtax, funded by eliminating the transfers that currently exist. I require that $3,000 be devoted to health care, but otherwise I will argue that many of the best effects of the UBI are fostered by the least direction: "Here's the money. Use it as you see fit. Your life is in your hands.
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Charles Murray
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In Our Hands: A Plan to
Henceforth, federal, state, and local governments shall make no law nor establish any program that transfers general tax revenues to some citizens and not to others, whether those transfers consist of money or in-kind benefits. All programs currently providing such benefits are to be terminated. The funds formerly allocated to them are to be used instead to provide every citizen with a Universal Basic Income beginning at age twenty-one and continuing until death. The maximum annual value of the grant at the program's outset is to be $13,000, of which $3,000 must be devoted to catastrophic health insurance.
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Charles Murray
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In Our Hands: A Plan to
A variant of the NIT puts it within our power to end poverty, provide for comfortable retirement and medical care for everyone, and-as a bonus that is probably more important than any of the immediate effects-revitalize American civil society.
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Charles Murray
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In Our Hands: A Plan to
The argument starts by accepting that the American government will continue to spend a huge amount of money on income transfers. It then contends that we should take all of that money and give it back to the American people in cash grants. The
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Charles Murray
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In Our Hands: A Plan to
Inequality of wealth grounded in unequal abilities is different. For most of us, the luck of the draw cuts several ways: one person is not handsome, but is smart; another is not as smart, but is industrious; and still another is not as industrious, but is charming. This kind of inequality of human capital is enriching, making life more interesting for everyone. But some portion of the population gets the short end of the stick on several dimensions. As the number of dimensions grows, so does the punishment for being unlucky. When a society tries to redistribute the goods of life to compensate the most unlucky, its heart is in the right place, however badly the thing has worked out in practice.
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Charles Murray
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In Our Hands: A Plan to
Some people pursue happiness in ways that tend to be accompanied by large incomes, others in ways that tend to be accompanied by lower incomes. In a free society, these choices are made voluntarily, with psychic rewards balanced against monetary rewards. Income inequality is accordingly large. So what?
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Charles Murray
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In Our Hands: A Plan to
People are unequal in the abilities that lead to economic success in life. To the extent that inequality of wealth is grounded in the way people freely choose to conduct their lives, I do not find it troubling. People
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Charles Murray
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In Our Hands: A Plan to
The libertarian solution is to prevent the government from redistributing money in the first place. Imagine for a moment that the $2 trillion that the US government spends on transfer payments were left instead in the hands of the people who started with it. If I could wave a magic wand, that would be my solution. It is a case I have made elsewhere.2 Leave the wealth where it originates, and watch how its many uses, individual and collaborative, enable civil society to meet the needs that government cannot.
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Charles Murray
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In Our Hands: A Plan to
During the second half of the twentieth century, the welfare state confronted accelerating increases in the number of people who were not just poor, but who behaved in destructive ways that ensured they would remain poor, sometimes living off their fellow citizens, sometimes preying on them. As their numbers grew, they acquired a new name: the underclass. The
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Charles Murray
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In Our Hands: A Plan to
Traditions decay when the reality facing the new generation changes. The habit of thrift decays if there is no penalty for not saving. The work ethic decays if there is no penalty for not working. Neighborliness"
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