An answer to the response to the answer to the growing question of the 21st century
Read the article I published on Medium on November 24, 2014.
Summary: By far, the most common concern in regards to my first article on Medium about the idea of an unconditional basic income was that all prices would inevitably go up as a result, immediately reducing the value of each dollar and essentially creating a new zero. This . . .
Video: Basic Income as Basic Resources
You can watch the video here:
For more info about what was discussed here are some follow up links:
The question of Shanesha Taylor and how she spent her $114,000
In response to the following news article: “The money is gone!” Teary mugshot drew $114K in donations, but prosecutors have taken back their deal
This is actually a good example of why basic income should be basic and unconditional, and not that basic income is a bad idea.
First of all, Shanesha received a one time lump sump . . .
And the model it used is hugely flawed
The Federal Reserve Bank of St. Louis just released a November 2014 report comparing universal basic income and unemployment insurance, to determine which is better under varying conditions.
Before I go into their findings and how they arrived at their conclusion, here's their conclusion:
In this . . .
True Stories from "There Had to Be a Better Way Than This"
It may sound like common sense to some, or even many, to expect someone to do work in exchange for benefits. But this force, as is true with any applied force, has its consequences - both intended and unintended.
A fellow human being who has witnessed these results first hand recently published a paper titled There Had to Be a Better . . .
A response to Vox's latest Vox Explains video
It's videos like this we need to share more with each other...
Everyone should be earning more. Everyone isn't earning more because of globalization and technology mostly. We used to have things called middle class jobs. Those don't exist anymore like we think they do. We lost a ton of them because we no longer . . .
Basic Income as Basic Resources: Part 2
A common concern of the idea of basic income is the idea of freeriders lazily freeloading off the hard labor of others, contributing nothing in return.
I'm currently reading Karl Widerquist's latest book, and I like his . . .