Losing Ground, The Bell Curve and Coming Apart – Commentary on Commentary

Source: http://econlog.econlib.org/archives/2012/03/losing_ground_t.html

 

Very interesting insights on Charles Murray’s  work on poverty and the underclass.  (1) Seemingly a simple premise; intelligence is required for most high-paying occupations ergo the people with lower intelligence will likely suffer a greater incidence of poverty as they have less access to high-paying jobs. (2) Economic incentives have been proven time and time again to drive behavior and decisions. It then follows if you tax income you get less wealth generation and if you subsidize poverty with welfare payments, you encourage more.

The last point (3) regarding cultural differences between America’s economic classes could be more difficult to understand.  However, one item Murray speaks of in his tomes but Mr. Caplan does not specifically point out is, raising children in single parent families has been shown to enable worse life outcomes when compared to a two parent household.  Data has also highlighted there are more single parents in less affluent communities.

Advertisements

Redistribution may not be needed

Redistribution is a statist method of taking from one individual (under the threat of violence) and giving what was taken to another individual who is supposedly in poverty. The practice is antithesis to everything libertarian.redistribution_is_not_fairness_its_theft

Poverty can be avoided in many cases by following these steps:

  1. Complete high school and if possible, obtain further career training
  2. Do not have a child out of wedlock
  3. After completing your education or career training, work full-time at your career
  4. Obey all statist laws even if you disagree with them to remain non-incarcerated

Following these simple tenets will help keep most individuals out of poverty thus lessen  the need for the unjust practice of income redistribution.