
Letter America Dear Doctor Guy, My friend recently stopped taking my calls because I’m dating her ex-boyfriend, but they broke up like over two years ago. I don’t know what to do.—Helpless Hottie ... More
In an interview for SFR's new cover story, "Born Poor," Santa Fe Institute economist Samuel Bowles suggested that the government invest directly in individuals, perhaps by giving everyone a lump sum to use however they wish—say, $250,000.“It sounds very radical,” Bowles says, “but it's very consistent with economic ideas.”
It makes as least as much sense as giving hundreds of billions of dollars to Wall Street's largest banks—some of which helped cause the recession—so that the banks can lend it back to taxpayers at outrageous interest rates.