Scott Santens

The Expanse's Basic Support vs. Basic Income

How not to meet humanity's basic needs in our automated future

Silvrback blog image

The Expanse is a series of science fiction novels that is also now a TV series with two seasons available to watch so far. In this universe, in the not too distant future, humanity has moved beyond Earth to extend its reach throughout the entire solar system. Mars is an independent military power, asteroids and various moons . . .

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September 22, 2017

If you think basic income is "free money" or socialism, think again

basic income is not left or right

First, saying basic income is socialism is as absurd as saying money is socialism. It's money. It's all it is. What do people do with money? They use it in markets. In other words, basic income is fuel for markets. Markets are a wonderful invention that serve to calculate via a massively distributed computer comprised of . . .

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August 31, 2017

For Want of a Dollar

The consequences of our lack of basic income

For want of a nail

For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the message was lost.
For want of a message the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a horseshoe nail.

For those . . .

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August 23, 2017

The Cost of Universal Basic Income is the Net Transfer Amount, Not the Gross Price Tag

Why every estimate of UBI that simply multiplies the number of recipients by the amount received is simply wrong

Imagine a group of 5 people. They have an income distribution of $10, $20, $30, $50, and $100. Someone gets the BIG idea of everyone putting 40% of their money into a hat, and dividing the result equitably between everyone.

That means $4, $8, $12, $20, and $40 goes into the hat. That's $84 which when divided by 5 is $16.80.

. . .

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Posted in: cost

July 07, 2017

Eating food will fail to reduce malnutrition, new report warns

How to recognize when an anti-UBI title is "fake news"

The OECD recently published a report on basic income as a policy option for the future of work. It concluded that universal basic income would require large tax increases to avoid increasing poverty. Others have since picked up on the report with headlines like, "Universal basic income would fail to cut poverty, says OECD" which . . .

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June 06, 2017

How to Reform Welfare and Taxes to Provide Every American Citizen a Basic Income

My proposed funding plan for UBI in the US

The Economic Security Project has just published an article from me on Medium titled "How to Reform Welfare and Taxes to Provide Every American Citizen a Basic Income". It's a more detailed funding plan for a potentially cross-partisan implementation of universal basic income in the United States. For those looking for numbers, . . .

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Posted in: costmedium

June 05, 2017

Cutting the Gordian Knot of Technological Unemployment with Unconditional Basic Income

Article on Medium

I published an article last week on Medium titled "Cutting the Gordian Knot of Technological Unemployment with Unconditional Basic Income". It's actually the chapter I contributed to the book Surviving the Machine Age: Intelligent Technology and the Transformation of Human Work in article form, but considering the cost of the . . .

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May 30, 2017

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