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According to my limited reading, increasing a population's "utility" is
one of the most beneficial methods of increasing the economy's net
worth, with utility being a person's productivity whether achieved
through expanded knowledge or superior technique.
Giving people money is a bad idea for the same reason that it's a bad
idea with your kids. Something that isn't earned has no value. It
doesn't matter if it's a sports car or an education. I would much rather
focus on giving people the opportunity to achieve.
Rick
On Tue, 2007-10-16 at 10:01 -0500, Mike Miller wrote:
> It's a complex dynamic system and it's hard to say whether simply giving
> money to poor people would make things better or worse. If you look at it
> one way, things get worse, but look another way and things get better.
> Still, I *think* it is wisest to focus the money on getting skills to the
> poor people and not just maintaining them where they are.
>
> Mike
>
--
Society has always seemed to demand a little more from human beings than
it will get in practice.
George Orwell
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