Acton Institute Powerblog Archives

Post Tagged 'universal basic income'

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...

Audio: Samuel Gregg on the universal basic income

Last week, Facebook founder Mark Zuckerberg endorsed the idea of a universal basic income during his commencement address at Harvard University. Samuel Gregg, Acton Institute Director of Research, joined host Drew Mariani on Relevant Radio yesterday to discuss the arguments for and against the idea, and whether it would even work as advertised. Continue Reading...