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Safety nets: hammocks or trampolines? « The Reality-Based Community -
2012-01-19 20:57:43 GMT
"This got me thinking about safety nets more generally. Their prime effect is to protect people from various extremely bad consequences of their poor luck or judgement: debt slavery, indigence, loss of life and limb. Only the worst designed fail to achieve this primary goal. Conservatives often object to safety nets (except it seems Paul Ryan) because they claim the secondary effects are negative and outweigh the good ones, or at least make them bad value for money: moral hazard, encouraging excessive risk-taking; promoting laziness; and the waste of resources when the net is actually unnecessary. Now you could argue that this young adventurer illustrates the third point: perhaps she didn’t need the safety rope at all."
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