How To Prevent a Hyperinflation — A Capital-Consumption Theory ViewIn a recent article, Noah Smith (@Noahpinion) correctly points out that nobody seems to have an answer for just how much governments can…Sep 8, 2021Sep 8, 2021
On Funding UBI — A Capital Consumption Theory EssayThere is a common question around Universal Basic Income about how it could be funded. After all, even a UBI of $1200/month would have a…Mar 16, 2021Mar 16, 2021
9 Assertions of Capital Consumption TheoryProductivity growth does not lead to higher wages. Higher wages lead to productivity growth. Productivity growth then relieves pressure on…Mar 7, 2021Mar 7, 2021
Why UBI Skeptics are Skeptical, and Why They’re WrongTim Pool (@Timcast) recently put out a video that does a great job of articulating some of the problems many people have with UBI. He’s…Apr 29, 2020A response icon1Apr 29, 2020A response icon1
How to Prevent a Great Depression — A Capital-Consumption Theory ViewThree weeks ago, I tweeted that we were now in the same position as we had been in prior to the Great Depression.Apr 6, 2020A response icon3Apr 6, 2020A response icon3