Cash for Souls
"Facing the choice of cash or liberty human beings will always choose the former because it spells safety."
How else can you explain the popularity of Social Security and Medicare? I give up the liberty to dispose of my income (.765 7.65 cents of every dollar) money however I want, and in exchange I'm assured a modest stream of income and free medical care after I retire. If people were allowed to keep their money and they invested it conservatively, the average person would get nearly $5,000 per month at retirement, which is more than double the maximum monthly Social Security benefit. But of course, people don't trust themselves, so they give up liberty now for security later . . . and force the rest of us to participate through demigod politics.
