article in this week's Economist magazine
The Brits are going to start issuing "baby bonds" to all new-born babies that will gain interest, and when the kids turn 18, they can do whatever they want with the money. The idea is to give poor kids a somewhat more level playing field to compete in life, but virtually no bureaucracy and no government oversight on how people use the money.
Sounds like a great idea to me, Economist magazine thinks so too (conservatives, pay attention).
