Three Quick Ideas: Reset Facebook, Eliminate Traffic Police, Give $100 to Every American Every Year

The Best Paragraph I've Read: "There are other ideas, like declaring “platform bankruptcy.” This would involve platforms resetting all of their user and group follower counts to zero and rebuilding communities from the ground up, with the platforms’ current rules in place." This paragraph comes from an editorial in the New York Times by Charlie Warzel.  The editorial is titled: "Facebook Can't be Reformed." https://www.nytimes.com/2020/07/01/opinion/facebook-zuckerberg.html  Zac and Don discuss the merit of forcing Facebook to reset all of its social connections. Another Best Paragraph I've Read: "Don’t use a hammer if you don’t need to pound a nail. Road safety does not require a hammer. The responsibility for handing out speeding tickets and citations should be handled by a unarmed agency. Put the safety patrol in bright yellow cars and have them carry a bit of extra gasoline and jumper cables to help stranded motorists as part of their job–make road safety nice." This paragraph comes from a blog post on Marginal Revolution.  The post was written by Alex Tabarrok with the following title: "Why are the Police in Charge of Road Safety?"   https://marginalrevolution.com/marginalrevolution/2020/06/why-are-the-police-in-charge-of-road-safety.html Zac and Don discuss whether it is a good idea to have a different government agency regulate road safety.   Another Best Paragraph I've Read: Like a mutual fund, the Universal Fund would be a pooled investment vehicle. But unlike a typical mutual fund, Americans 18 or older could sign up for free to receive a share. They would receive a proportionate share of any returns generated by the fund and corresponding shareholder voting rights. The Universal Fund would be funded by private donations of stocks, bonds, and other assets from corporations and individuals who have the capacity, as well as financial and moral incentives, to donate. The fund would periodically pass through net returns directly to its underlying participating shareholders in equal proportion and would be designed to grow in perpetuity. Fund shareholders would not be allowed to buy, sell, or bequeath their universal shares; after death, their interest would revert to the fund. Thus, the fund would continue to grow as donations are made. Returns from the fund may be modest at first but would be expected to increase over time. This paragraph comes from an article in Barrons titled: "How to Tackle Income Inequality Without Raising Anyone's Taxes."  The article was written by Tamara Belinfanti. https://www.barrons.com/articles/a-universal-fund-could-work-like-a-voluntary-ubi-to-fix-income-inequality-51592486260 Zac and Don discuss whether a Universal Fund is the best way to help society solve inequality.