How Money is Born out of Public Spending and Dies by Taxes
If there's one thing most people don't seem to understand about how money works that I think would really help governments work better in the 21st century, it's that money does not flow in the way we perceive it does. It's an
The FairTax Would Implement a Universal Basic Income
Anyone who supports the FairTax and its monthly 'prebate' also supports UBI even if they swear otherwise Basic income. $279 every month. Tax free money from the government. No work requirements. No income-testing. For every legal resident of the United States, every month, with additional income for kids
One Year After the Expiration of the Enhanced Child Tax Credit, What All Have We Learned About Its Effects?
Summary: The monthly Child Tax Credit payments did not reduce employment, but what they did do was reduce hunger and increase entrepreneurship, and if made permanent would likely generate far greater benefits than its cost, and reduce domestic abuse of women and children. 2022 has come to a close, and
The Spaceballs Argument for Unconditional Basic Income (UBI)
There is an argument frequently made against the concept of unconditional basic income (UBI) that essentially goes like this: "Life requires work. You can't just expect to live without work, and it's wrong for someone to live off the work of others. So UBI has
No, Universal Basic Income Does Not Require Tax Rates of 40 to 60 Percent
Lots of news articles are being written about a new study in Ireland of UBI, and as usual, the discussion is misinforming, as is the study itself. I responded with a long thread on Twitter. Here's that thread in blog form and slightly expanded upon. Today we published
The Gift-Giving Argument for Universal Basic Income
As I write this, Christmas is right around the corner again, and I think it's time I finally write this article that has been in my head for years now as an argument for the universal part of universal basic income. In short, the entire point of the
Is Unconditional Basic Income a Trap Being Laid by Global Elites to Control and Enslave Us All?
2023 will mark ten years of my advocating hard for unconditional basic income. At this point, one of the things that annoys me most is the new claim from conspiracy-fueled people that the rich and powerful fully support UBI and want to use it to make a subservient population. First
The BIG Picture of Money, Economics, and Humanity
The following is the speech I gave at the 2022 BIG Conference on the day Roe vs Wade was overturned. If you prefer, you can also listen to the recorded audio. I apologize in advance for kind of running in the red today. Like in Pulp Fiction, I'm
Incoming! How UBI could change work (and the world)
The following is an excerpt from the 2022 report by Indeed titled "Future of compensation: Pay, benefits and equity in the UK workplace." This excerpt is based on an interview I did in August as part of the report's preparation. The idea, of a universally provided
The Toothpaste Argument for Universal Basic Income
The following argument is based on the words of the late Götz Werner, who was a long-time supporter of the concept of unconditional basic income in Germany, who gained a unique understanding of UBI as a successful businessman and billionaire co-founder of the drugstore chain “dm,” and who passed away
