I’ve seen this advocated by Charles Murray, a libertarian sort of guy, believe it or not. The idea being to replace the bloated “welfare system”, that is, ALL of it, with a basic income. Overall it would be cheaper than what we have now, and should have some interesting (good) side effects. Of course the law of unintended consequences would rear its ugly head somewhere, but its not that crazy of an idea.
“I’ve seen this advocated by Charles Murray, a libertarian sort of guy, believe it or not. The idea being to replace the bloated “welfare system”, that is, ALL of it, with a basic income. Overall it would be cheaper than what we have now, and should have some interesting (good) side effects. Of course the law of unintended consequences would rear its ugly head somewhere, but its not that crazy of an idea.”
Indeed Murray did propose it in “The Bell Curve” wherein he writes about the genetic differences between race and IQ.
Others have made similar proposals, as well.