Sunday, April 27, 2014

Why Charles Murray supports guaranteed income

Libertarian Charles Murray: The welfare state has denuded our civic culture | Making Sen$e | PBS NewsHour:

April 10, 2010 - "Switzerland is considering a ballot referendum on an unconditional income of 30,000 Francs for all Swiss citizens.... But ... guaranteed basic income ... has plenty of American proponents.... Perhaps most outspoken among them is libertarian economist Charles Murray, who argues that a guaranteed income administered by the government would take the government out of people’s lives, and consequently, restore the fabric of American culture.... The following transcript of Paul Solman’s extended conversation with Murray about the guaranteed income has been edited and condensed for length and clarity....

Paul Solman: What’s the case for a minimum income?
Charles Murray: From a libertarian’s point of view, we’re going to be spending a lot of money on income transfers, no matter what.
Paul Solman: Why?
Charles Murray: The society is too rich to stand aside and say, “We aren’t going to do anything for people in need.” I understand that; I accept that; I sympathize with it.
    "What I want is a grand compromise between the left and the right. We on the right say, 'We will give you huge government, in terms of the amount of money we spend. You give us small government, in terms of the ability of government to mess around with people’s lives.'
    "So you have a system whereby every month, a check goes into an electronic bank account for everybody over the age of 21, which they can use as they see fit. They can get together with other people and then combine their resources. But they live their own lives. We put their lives back in their hands"

Read more:
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Guaranteed Income as a Replacement for the Welfare State, by Charles Murray

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