Tag «basic»

Basic Outcome Story Part 2

This is the sequel to the Basic Outcome Story. I have been circulating the first one. Enough people have expressed support for it and urged me to write some more, that I have decided it will be worth doing so. I have become fond of Ruthie and the inhabitants of D zone on Planet Nearth. …

Some comments on a Demogrant/Basic income, Inflation and Debt.

  I  made the following comment on a very interesting   blog; probably the best economics blog on the net. It’s  at https://thenextrecession.wordpress.com/2020/05/10/the-debt-dilemma/?unapproved=173560&moderation-hash=69be23ab157f2bf07cb194fccfa6efdb#comment-173560 Hi, Robert. Here is my prescription for what ails the US economy, and every other western economy. Wealth tax on individuals, excess profits tax on corporations. Use the new revenue to repair infrastructure, …

Another PAINE in the ass for serious UBI proponents

( This piece criticizes a piece by Karl Widerquist, found at https://basicincome.org/news/2020/01/was-thomas-paine-a-proponent-of-universal-basic-income/ And reproduced below.) This posting by Widerquist is something I really have to respond to. It sums up all that has been wrong with the BIEN approach to a guaranteed Income scheme. I have been advocating for such for well before BIEN existed. …