News Roundup 5/21; Government Bailouts | Yaron Brook Show
Yaron Brook Show
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Cash Incentives for Birth: A Government Plan in South Korea
The chapter delves into a government plan in South Korea to provide a cash bonus of $70,000 for each baby born in an effort to boost declining birth rates. It discusses the significant cost of the plan, over $16 billion annually, and critiques the collectivistic reasoning behind it. The speaker advocates for a society that values freedom and individual choices to naturally increase birth rates instead of relying on government interventions.
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