inflation
The BIG Picture of Money, Economics, and Humanity
The following is the speech I gave at the 2022 BIG Conference on the day Roe vs Wade was overturned. If you prefer, you can also listen to the recorded audio. I apologize in advance for kind of running in the red today. Like in Pulp Fiction, I'm
Understanding Pandemic Inflation: How to Best Reduce and Alleviate It
It would be a mistake to misdiagnose our inflation as mostly a demand problem instead of mostly a supply problem. Inflation has become the scariest monster of 2021. That’s pretty amazing considering how a novel coronavirus has killed upwards of 20 million human beings since a pandemic started, including
New on Vocal: Why We Need Modern Monetary Theory (MMT) and Why It Needs Universal Basic Income (UBI)
It's published!!! At just shy of 14,000 words, my latest article is the closest thing to writing a book that I've done so far. Despite its length, it's still meant to be readable like an enjoyable book, and not a heavy academic slog
Wouldn’t Unconditional Basic Income Just Cause Massive Inflation?
An answer to the response to the answer to the growing question of the 21st century By far, the most common concern in regards to my first article on Medium about the idea of an unconditional basic income [https://medium.com/working-life/why-should-we-support-the-idea-of-an-unconditional-basic-income-8a2680c73dd3] was that all prices would inevitably go
Unearned Income and the Velocity of Money
Two lesser known variables in the inflation equation Exhibit D of Wouldn’t Unconditional Basic Income Just Cause Massive Inflation? [https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7] Two lesser known economic concerns among those who know of them, are possible differences in how we perceive the value of money depending on how
Supply and Demand Variables
How not all basic income effects lead to rising prices Exhibit B of Wouldn’t Unconditional Basic Income Just Cause Massive Inflation? [https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7] To inform inflationary fears on a more academic basis, it’s important to understand the basic variability of supply and demand and how
Evidence and More Evidence of the Effect on Inflation of Free Money
From Alaska to Kuwait and Beyond Exhibit A of Wouldn’t Unconditional Basic Income Just Cause Massive Inflation? [https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7] It’s not like we don’t have any evidence of what happens when a lot of money is given universally to a lot of people. Consider
Google Homes and WikiHouses
Disruptive ideas that can transform housing markets Exhibit C of Wouldn’t Unconditional Basic Income Just Cause Massive Inflation? [https://medium.com/basic-income/wouldnt-unconditional-basic-income-just-cause-massive-inflation-fe71d69f15e7] Being that many of us spend the greatest portion of our incomes in one place on rent and that they seem to just go up and
Alaska vs. the U.S. Before and After Existence of the Yearly Alaskan Dividend
Every year every qualifying resident of Alaska receives an annual dividend provided by the Alaska Permanent Fund [https://www.opendemocracy.net/ourkingdom/karl-widerquist/alaska-model-citizens-income-in-practice] . The most recent payout was $1,884 in 2014, for every man, woman, and child in Alaska. The first payout of $1,000 occurred in 1982.
