Acton Institute Powerblog Archives

Post Tagged 'universal basic income'

A Fine Primer on Universal Basic Income

Universal basic income (UBI), freedom dividends, permanent fund dividends, guaranteed income … these are all names that have been used over the past 200 years to describe the same essential policy proposition: to provide a permanent income to citizens from their government. Continue Reading...

Jordan Peterson on the universal basic income

As we enter a new age of automation and artificial intelligence, fears about job loss and human obsolescence are troubling the cultural imagination. Prosperity abounds, but innovators like Elon Musk and Bill Gates continue to predict a future where humans steadily diminish in their contributions, becoming ever more dependent on external sources of provision. Continue Reading...

How much is good parenting worth?

Recent policy debates over direct cash grants to parents from the federal government expose our society’s dysfunctional attitudes toward work and parenting. Over at the Detroit News, I have some thoughts and (mostly) concerns. Continue Reading...

Marx vs. the universal basic income

While a universal basic income has been advocated by everyone from Bernie Sanders to Charles Murray and Pope Francis, the name most associated with wealth redistribution is Marx. However, in a little-known writing Marx specifically opposed the UBI, calling it inefficient and counterproductive. Continue Reading...

Every politician is Andrew Yang

Richard Nixon supposedly once said, “We’re all Keynesians now,” referring to the new accepted regime of monetary policy. Today, we have far bigger problems than our Keynesian Federal Reserve. Any present-day politician could just as well say, “We’re all Andrew Yang now.” Continue Reading...

The #YangGang has a $3 trillion problem

Entrepreneur Andrew Yang is running for president as a Democrat. Yang has made a Universal Basic Income (UBI) of $1,000/month to all American adults the centerpiece of his campaign. While Yang doesn’t show up in any polls, he has a growing internet following that can be found under the hashtag #YangGang (not to be confused with Chinese politician Yang Gang). Continue Reading...