Free Money for Everyone!

[yortsed snacilbuper]

A wacky-sounding idea with surprisingly conservative roots may be our best hope for escaping endless, grinding economic stagnation.

The helicopter money policy, by contrast, keeps government almost completely out of the picture. It distributes resources directly to citizens, with no limits on how they can spend it, thereby strengthening individual choice and the private sector, not government bureaucracies. It’s a stimulus Milton Friedman could love. And if everyone gets the same-sized check, there’s not even a concession to the god of progressivity—it’s like a flat tax in reverse! There will be a Republican president again someday, and as we’ve seen, it is highly likely that government will face the same weak growth and high unemployment we face today. This is a tool as friendly to the conservatives’ ideology as they are likely to find.

link

[marble falls]

1. It is whacky sounding. Interesting website, though.

[Politicalboi]

2. I heard that Nixon was thinking of something like this

A guaranteed income. We could do that. Give each citizen a $1,000 for each year lived, and then in 5 years give them $1,000 a month and when they collect SSI include it. If we legalize Marijuana, that would pay for most of this.