The perennial political question is what to do with the left side IQ/time-preference distribution. After all, we don't need to bother with what to do about people on the right side distribution. They don't need government; they fund government. They police themselves. ...
So what is to be done with the left-side tail? I'd say abolish welfare, abolish the minimum wage, abolish the income tax, and protect the employment prospects and cost of living of our less endowed citizens with immigration restrictions and tariffs. Romaine lettuce will cost more, there will be some sclerotic industries, but you are going to pay at the cash register or you are going to pay welfare bureaucrats and their constituencies. One of these two is less dystopic and dysgenic.
Anybody got any better ideas?
Tuesday, October 07, 2014
The ultimate conservative position?