As submitted for the public record on March 1, 2019
In mid-February I was contacted by the legislative aide for Delegate Gabriel Acevero of Maryland who has introduced a bill to create a social wealth fund intended to eventually pay out a cash dividend to every resident of Maryland. As a prominent advocate for UBI, I . . .
Recognizing what we owe each other
Let's say the cost to produce a widget is $1. What's the cost to produce 1 million widgets?
This may sound like an extremely simple word problem that even some preschoolers could solve. However, if you think the answer is $1 million, you would be entirely wrong.
The cost to produce 1 million widgets is far below $1 . . .
The question of an unequal UBI
A common first question in response to the idea of unconditionally guaranteeing a monthly cash stipend to everyone sufficient to meet their basic needs is in regards to a potential need for differing amounts of basic income. Let's examine this question from two perspectives: that of the individual and that of the location.