Market Mad House

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

basic income system

Politics

Scotland Explores Basic Income

A successful universal basic income program in Scotland would put pressure on the British government to roll the system out to the entire country. It would also serve as an example that other English speaking countries like the United States, Canada and Australia might follow.

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Politics

Finland Commits to Basic Income

Despite some of the sensational headlines about it, Finland’s move is hardly a revolutionary one. The United States has had a basic income program for those over 65 in place since the 1930s, Social Security, which has been very successful: it keeps 35% of older Americans out of poverty, according to the American Association of Retired People.

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