The Atlantic has “15 Ways To Fix The World,” but I think maybe not everyone stuck to the assignment. Anyway, here they are:
Rent Your Own Home
By Felix Salmon
“decree that whenever a bank forecloses on a home, the current occupant has the right to remain in the property indefinitely, simply by paying the fair-market rent.”
Sure! Sounds good to me. Of course, I don’t know why banks don’t do this already — it’s not like there’s a law against it. It would seem natural that if the problem with the housing market is that people don’t have huge chunks of money to buy homes, and no one will loan it to them — then you should give them little chunks of home in exchange for little chunks of money.
Unleash the Dogs of Peace
By James S. Gibney
“And so it goes with all but the most routine UN peacekeeping missions, which are effective only to the extent that their host combatants allow.
There is a different, more robust approach to making peace in nasty places: deploy private military companies like Executive Outcomes, whose small, highly trained force defeated insurgencies in Sierra Leone and Angola during the 1990s. ”
No thanks. As Gibney notes, there’s no reason to believe that PMC’s would be any nicer than the UN troops. This is an argument to deploy neither. Even if you buy his “but they’d be more effective” argument, it’s hard to imagine that the world’s problems merely want for a more effective global policeman.
Give Up on Democracy in Afghanistan
By Andrew J. Bacevich
Yes. And while we’re at it, legalize opium production (or even buy it all for our own pain-killer market).
Privatize the Seas
By Gregg Easterbrook
“increasingly, nations are turning to tradeable permits, which go by names such as Dedicated Access Privilege or Individual Transferable Quotas. Australia, New Zealand, and Iceland pioneered the idea in the 1980s, and their fish stocks have for the most part recovered nicely; a recent University of California study shows that privatizing fishing rights usually makes fish populations significantly less prone to collapse.”
Double yes. As Easterbrook notes: “Many environmental alarms are overstated, but fishery depletion is not.” Let’s upgrade it to Triple Yes — this is a big deal. Even if fish populations recover quickly, even a few years with insufficient fish yields means very serious bad things in the important “people having enough food to live” sector.
Tell the Truth About Colleges
By Thomas Toch
“The conventional wisdom is that you get what you pay for—that the larger the price tag, the better the product. But that’s not true in higher education. Tuition has been skyrocketing for years, with little evidence that education has improved. Universities typically favor research and publishing over teaching. And influential college rankings like the one published by U.S. News & World Report measure mostly wealth and status (alumni giving rates, school reputation, incoming students’ SAT scores); they reveal next to nothing about what students learn.
We need to shed more light on how well colleges are educating their students—to help prospective students make better decisions, and to exert pressure on the whole system to provide better value for money.”
Agree — but who cares? Expensive colleges mainly just shift money from dumb rich people to somewhat more clever rich people. Is preventing this going to “fix the world?”
Welcome Guest Workers
By Kerry Howley
“Nothing rich countries can send the global poor—not loans, not textbooks, not fair-wage campaign materials—will boost the income of the average worker nearly so much as letting him walk among the wealthy. Transported from Haiti or Nigeria to the United States or Canada, a low-skilled worker will watch the value of his labor jump more than 700 percent—instantly.”
Absolutely the best idea in the bunch — and one of the best ideas period. Increased labor mobility is probably the single thing you could do to most improve the world. I found this “15 ideas” list via Howley’s recommendation, so I can see why she’s plugging it — her idea kicks the crap out of the others.
Pay the Artists
By Felix Salmon
“If the Obama administration is serious about stimulating the economy and creating as many new jobs as possible, one choice is clear: it should announce a massive increase in federal arts funding.”
No offense, but this just reads like a joke. Yes, folks, you may be having difficult paying the rent or making ends meet, but what we all really need is more opera. It’s telling how all the proposals people had in wealthier times also just happen to be their prescriptions in the lean times as well. When wealth declines, the government can’t buy as many things, and we have to choose between them. Art will go on without federal funding. In a time of crisis, there are simply more important things to spend money on, if that’s your chosen method of resolving the problem.
End All Taxes—Except One
By Reihan Salam
“There’s a certain compelling logic to the Single Tax that stands the test of time. When you tax income, aren’t you punishing people for working hard? But when you tax an asset like land, you’re simply encouraging the most valuable use of that land. In the years since George faded from the scene, a number of economists, from Milton Friedman to Paul Romer, have found virtue in the Single Tax, not least because it creates the right incentives for government”
As someone who owns a small amount of land, I shudder to think how high property taxes would have to be to pay for everything — but hey, if I didn’t have any other taxes? Maybe! I have no idea if this would work.
Civilize Homeland Security
By James Fallows
Sure — anything that reduces or improves the disaster that is DHS is fine by me. I especially like this: “change the offensive, antirepublican, Teutono-Soviet name Homeland to Civil, as in Department of Civil Security.” I still remember laughing when I heard what they were going to call it.
End the Corporate Income Tax
By Megan McArdle
“THE CORPORATE INCOME TAX may be the stupidest tax we have. At 35 percent, America’s levy on corporate income is one of the highest in the developed world. In 2007, about 2.5 million companies prepared lengthy returns at great expense, yet the tax generated only about 15 percent of total federal tax revenue. “
Agree! The idea gains support in that lots of countries have lower corporate income taxes — and they don’t seem to be exploding. My only request would be that it be accompanied, as McArdle would no doubt agree, by cutting spending by an equivalent amount.
Redesign the Dollar
By Michael Bierut
No capsule description here: he really responded to “come up with a way to save the world” with this: “with our financial system in crisis, the time is right to redesign the currency of the United States.” My one compliment for this idea is at least we have a proposal that will not overreach itself.
End the Vice Presidency
By Matthew Yglesias
No paraphrasing here: everything is summed up in the one sentence. I completely agree! But surely, we can come up with more than one national level office to eliminate?
Teach Drinking
By John McCardell
“So what might states [...] do differently? They might license 18-year-olds—adults in the eyes of the law—to drink, provided they’ve completed high school, attended an alcohol-education course (that consists of more than temperance lectures and scare tactics), and kept a clean record. They might even mandate alcohol education at a young age. ”
I definitely endorse looser restrictions on alcohol consumption, and more education about how to responsibly consume it. Not sure it’s going to “fix the world” but hey, got to start small.
Buy to Last
By Ellen Ruppel Shell
This “idea” is basically just a diatribe against IKEA, a target that I don’t even know enough about to defend. I couldn’t find any policy suggestions, but given the thrust of the essay, I assume it would be something like “companies should make stuff that lasts longer.” Uhm, okay?
Train Detroit
By Bruce Selcraig
“Instead of scattering nickels and dimes across dozens of states, a better idea would be to increase the train fund at least tenfold so America can have at least one legitimate high-speed rail line like Spain’s Madrid-to-Seville train, which runs at 186 mph (Amtrak averages only 79 nationwide). And let this man-on-the-moon project start in Detroit.
Yes, Detroit. The city that was once part of FDR’s “Arsenal of Democracy,” for its part in retooling auto plants to make World War II tanks and bombers, has easily a dozen empty auto plants that could be making train engines and train cars.”
It’s pretty weird how there are so many great business ideas running around that lack only for 80 billion in government subsidies. I suppose implicitly Selcraig is also assuming we’d stop dumping so much money (which are effectively anti-subsidies for rail) on bailing out the automakers, since they would now be… train-makers, with which I can certainly agree — but that just gets us to the whole point: let’s stop having the government try to decide ahead of time that we need “cars” or “trains” or llama caravans. Stop giving automakers all these bailouts, subsidies and friendly regulations, and maybe rail won’t need 80 billion to get moving.
All in all, I think the winner by a long shot (in terms of beneficial impact) is “Welcome Guest Workers” followed by “End the Corporate Income Tax.” ”Privatize The Seas” gets the bronze. Women writers are disproportionately represented on the medal podium! Maybe a new idea should be “have women come up with the ideas more often.”
If I had to propose a 16th idea, I think I’d go with:
School Choice
Divide up every school budget in the country by the number of students they serve and transfer the quotient to whichever accredited institution the parents or student chooses. As cliche as it sounds, education really is the foundation of, well, nearly everything else. If we want it to improve, we need to grant greater control to the ones who will pay the price for its deficiency — and what greater check than to be able to vote with your feet?
Any idea to “fix the world” would need to gain acceptance from the voting public — if they are as good as their authors claim, it would follow that a better educated public would be more likely realize this and champion them. Most of the ideas will also involve hard work by talented people to implement — another need that improved education can help meet. We should always consider a wide range of ideas on how to fix the world, but higher quality education will make us better able to choose the best ideas — and perhaps think up entirely new and better ones.