Scott Santens

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New on Vocal: Why We Need Modern Monetary Theory (MMT) and Why It Needs Universal Basic Income (UBI)

Also available to listen to in podcast form

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It's published!!! At just shy of 14,000 words, my latest article is the closest thing to writing a book that I've done so far. Despite its length, it's still meant to be readable like an enjoyable book, and not a heavy academic slog that no one will read. I hope readers will agree.

I've long avoided . . .

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September 13, 2021

Unconditional Basic Income Would Fix a Major Flaw in Markets

Markets can't tell the difference between a lack of demand and a lack of ability to express demand

Do you like markets? Well, whether you like them or not, they're pretty effective in most cases. The ability for two people to make an exchange where both feel they leave the exchange better off than prior to the exchange is a powerful thing. It's a form of democracy. By exchanging money for goods and services, people in markets are . . .

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July 13, 2018

Forget the future of work. What about the future of consumption?

Discussing the future of work is all the rage these days. Some say we're on the verge of the robot apocalypse of jobs. Others say jobs will always be created in sufficient numbers (and at sufficient rates) and that everything will be fine. Regular readers know where I fall on this particular question, that either way, our goal should be . . .

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July 22, 2016

What America Spends Per Citizen Per Year

$40,000

(This is an excerpt from my piece titled "How We Can Transform America’s Broken Economic System to Work for EVERYONE". You can read it in full on Medium.
Per citizen calculations are based on 92.8% of the US population being legal citizens.)

The following is a short list of our shared expenditures as a society. On the . . .

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Posted in: excerptspending

April 27, 2015

Archive

All Categories: automation(21) technological unemployment(20) medium(20) poverty(14) voluntary labor(13) basic income experiments(9) moral argument(9) inequality(9) entrepreneurship(9) money(8) unpaid labor(8) analogy(8) activism(7) cash transfers(7) productivity(7) video(7) bullshit jobs(7) huffington post(6) motivation(6) podcast(6) transcript(6) slavery(6) self-employment(5) partial basic income(5) the movement(5) social security(5) social cohesion(5) science(5) republished(5) underemployment(5) cost(5) funding methods(4) child poverty(4) feminism(4) creativity(4) drug use(4) spending(4) philosophy(4) free market(4) patreon(3) capitalism(3) biology(3) interview(3) security(3) debt(3) reddit(3) appearances(3) fear(3) private property(3) youtube(3) dividends(3) systems thinking(3) arts(3) gender equity(3) p2p(2) 12k(2) basic income day(2) civil participation(2) unions(2) self-driving vehicles(2) rich support(2) minimum wage(2) crowdfunding(2) student loans(2) press release(2) humans need not apply(2) social media(2) libertarian(2) evidence(2) education(2) india(2) new orleans(2) parenting(2) big event(2) addiction(2) andrew yang(1) star wars(1) costs(1) alan watts(1) basic income log(1) reparations(1) boston globe(1) bomi(1) faq(1) edward snowden(1) paid leave(1) magazine(1) left(1) cited(1) excerpt(1) liberia(1) tpp(1) karl widerquist(1) john oliver(1) housing(1) rents(1) religion(1) free trade(1) brazil(1) travel(1) south park(1) health(1) savings(1) child allowances(1) home