Market Mad House

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

Unconditional Basic Income

My Thoughts

Would Basic Income Encourage or Discourage Work?

Our existing mechanism for wealth redistribution; jobs, is no longer working. The bottom 50% of Americans own just 12.8% of the wealth; as recently as 1970 they owned 20.8% research by economists Thomas Piketty and Emmanuel Saez indic

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Politics

French Presidential Candidate Backs Basic Income

“According to all serious studies, there are hundreds of thousands of unskilled or low-skilled jobs that are beginning to be destroyed in Western economies,” Hamon told La Monde. “We must manage this transition and make the most of this amazing opportunity that the digital revolution offers us to work less and live better.”

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