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 . . .
My latest article on HuffPost Politics
I published a new article yesterday on HuffPost Politics that they actually put on the front page of The Huffington Post. It's called "Humanity Needs Universal Basic Income in Order to Stop Impeding Progress".
Putting humans out of work should be a public relations win, not a loss, and so mankind . . .
Can UBI function as reparations?
One very interesting but not so easy to understand element of universal basic income is how it disproportionately helps traditionally marginalized groups more than anyone else.
That sentence alone may be confusing. If everyone gets the same amount, how can one group benefit more than another group? Isn't the result really just . . .
The question of money itself in the discussion for basic income
That sounds way too expensive... Can we actually afford such an idea?
Now, others have responded to this question conceptually, and I've even recently . . .