By Max Gulker The U.S. government spends just shy of $1 trillion per year on aid to low-income Americans. This would be enough to give each of the estimated 40 million Americans living in poverty a check for over $20,000 per year. In two previous articles, I showed how the current failed system grew out of a snowballing bureaucracy and misguided paternalism from the left and … [Read more...] about Universal Basic Income Is Little More Than Smoke and Mirrors
Max Gulker
How Top-Down Government Fails America’s Poor
By Max Gulker A well-functioning society should provide a safety net for its members struggling the most. The unavoidable role of luck in market outcomes, the variability of circumstances in which people are born, and the imperative simply to alleviate suffering all speak to this need. Our debate about safety nets and responses to poverty hinges on a fundamental fallacy — … [Read more...] about How Top-Down Government Fails America’s Poor
We Should All Regulate Facebook and Google
By Max Gulker Our economy depends on the continued forward march of technological progress. But with this growth come new problems and, inevitably, new regulation. We must ensure that this regulation does not stifle tomorrow’s innovations, whose details we cannot predict in advance. In a recent New York Times op-ed, Kara Swisher zeroes in on the way the large tech … [Read more...] about We Should All Regulate Facebook and Google