Mar 3, 2021 • 29M

PODCAST: Hexapodia IV: Checks for (Almost) Everyone! Wiþ Noah Smith & Brad DeLong

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Brad DeLong
teach the world good economics through every means possible, & some means impossible...
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The classical British social insurance state took large chunks of human activity out of the marketplace and attempted to distribute them to each according to his or her need. The classical American social insurance state was targeted and grouchy, attempting to elicit proper behavior. Now we have a turn that we regard as very hopeful: recognizing that the problem of the poor is primarily the problem of too-little social power, that money brings social power, hence the solution is to get the money to the people...


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