Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

basic income payout

My Thoughts

How an American Basic Income Might Work

One of the biggest advantages of a basic income scheme is that it would actually be fairly easily to implement. No new bureaucracy or social services mechanisms would be needed to set one up. One of the biggest benefits of basic income would be to address the problems of rural poverty and the hollowing out of small town America. The real problem facing communities such as Beattyville, Kentucky, (America’s poorest white town) is a lack of cash.

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