Jobs, Basic Income, Post Scarcity, and all that Jazz

There have been a smattering of wealth inequality/economics articles lately: THREE GREAT ARTICLES ON POVERTY, AND WHY I DISAGREE WITH ALL OF THEM Economics Has Failed America Scott goes on about the unrealistic expectations of trying to teach everyone high-IQ skills, when biology imposes barriers to such hopes: The QZ article warns that it might… Continue reading Jobs, Basic Income, Post Scarcity, and all that Jazz

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