In continuing on the debate over the viability or lack thereof of the Universal Basic Income (UBI), from Slate.com: What If We Just Gave Poor People a Basic Income for Life? That’s What We’re About to Test Despite the the fact that the likelihood of a UBI in America is pretty much nil, that didn’t… Continue reading The UBI Revisited
Tag: universal basic income
Universal Basic Income – Why It Can’t Work in America
From Bloomberg: A Basic Income Is Smarter Than a Minimum Wage The Universal Basic Income (UBI) is one those economic debate topics that will never be resolved to anyone’s satisfaction, unlike Newtonian gravity, for example, which with the exception of possible quantum gravity, has long been long settled. That’s the problem with the social sciences.… Continue reading Universal Basic Income – Why It Can’t Work in America
The Daily View: ‘Longest Depression’, Basic Income, Pinterest
From Huffingtonpost: Future Economists Will Probably Call This Decade the ‘Longest Depression’ Sounds like goalpost moving, where slightly mediocre growth becomes a ‘depression’. The 2008 recession, while deep and sudden, was narrow, only lasting about 16 months until growth picked up, where it has remained. Hardly a decade. Also, the authors seem to be cherry… Continue reading The Daily View: ‘Longest Depression’, Basic Income, Pinterest
No Love For The High-IQ Basic Income
Yesterday I wrote an article defending MGTOW, which I later re-wrote because the original didn’t meet my quality standards. It’s funny but not too surprising how some people get worked-up about the idea of a high-IQ basic income (and the topic of IQ in general), so much so that facts and logic go out the… Continue reading No Love For The High-IQ Basic Income
The Great Debate: Automation, Jobs, Wealth Inequality, Basic Income, Post Scarcity
Billionaire Cartier Boss Warns of Imminent Uprising, ‘Envy, Hatred’ of Poor People There is also an accompanying video: The 65-year-old Rupert, who has an estimated net worth of about $7.5 billion, seemed deeply perturbed about the impending disappearance of the middle class due to robotics and artificial intelligence, which he said would “put hundreds of… Continue reading The Great Debate: Automation, Jobs, Wealth Inequality, Basic Income, Post Scarcity