Thanks for your response Sachin, you’re absolutely right.

All of the reasons you mentioned are exactly why basic income is not a viable long-term solution.

The network/updated economy I described is intended to work independent of the monetary system. In other words, demand would be measured and then…

Thank you for your response! I agree with you wholeheartedly, in fact, I used to be a big supporter of basic income.

That being said, I’ve come to the conclusion that while a basic income is a great short-term solution, it is not viable in the long-term.

America is at a Turning Point — How a Basic Income Guarantee and Free Market Capitalism Can Create a Great Society

Usually when the topic of a basic income guarantee is brought up it’s met by opposition that it cost too much, people shouldn’t be…

I wanted to quote the whole things for all my followers and occasional readers who haven’t followed me yet due to the tags they follow. Thanks to Matt Zwolinsky and the Cato Institute via Cato Unbound we have the following quote below!

From the perspective of anyone concerned with limiting government and encouraging…

Why France is so, so close to being right

But is still 100% wrong

France is currently wrapped up in strikes and protests against a new labor law, commonly referred to as the El Khomri law, after its author. Students, unions, and others are protesting a law…