Markets can't tell the difference between a lack of demand and a lack of ability to express demand
Do you like markets? Well, whether you like them or not, they're pretty effective in most cases. The ability for two people to make an exchange where both feel they leave the exchange better off than prior to the exchange is a powerful thing. It's a form of democracy. By exchanging money for goods and services, people in markets are . . .
Vouchers prevent choices. UBI creates choices.
Many of you reading this already know this, but for those who don't, I have a crowdfunded basic income. This means that I start every month with $1,000 as my absolute minimum for the month no matter what. I'm free to then earn any amount on top of that $1,000, but I never earn less than that in any given month. That's a basic . . .
New article published on Medium
I published a new article yesterday on Medium titled "Universal Basic Income Will Accelerate Innovation by Reducing Our Fear of Failure".
What if our insistence on making people earn their living is preventing those one in ten thousand from making incredible achievements that would benefit all the rest of . . .
A story of eggs, cash, and basic income
I love watching documentaries and one of my recent favorites on Netflix, aside from Noam Chomsky's "Requiem for the American Dream", is "Poverty, Inc." I highly recommend just watching the entire film yourself, but there is one story from it that is one of my new favorites to share onward, and that's the story by . . .
My article in the Ideas section of the Boston Globe
My first ever article to be published in the Boston Globe is now available online. It's titled "Robots Will Take Your Job". For those in and around the Boston area, this story will also be in the Sunday print edition on February 28th. So please pick up a copy if you can.
In it I explain how quickly artificial . . .
A letter from a quarter-liberated creator
First off, I just want to thank you for creating your platform. It's really something for which to be proud in the difference you are making in people's lives, mine included. So I'm writing you to let you know a bit about me, how I'm using Patreon, my success so far, and something I call "The BIG Patreon Creator . . .