Tag: socialism

Basic Income Explained

Basic Income Explained

Imagine a world where everyone gets cash from the government every month, no strings attached. It’s a proposal called universal basic income, or UBI for short. The idea is to provide an economic safety net for everyone, with as little bureaucracy as possible. And supporters of the policy say it could reduce poverty and decrease …

Today’s EU: Wealth Tax

Today’s EU: Wealth Tax

Today’s EU for our Patreon community: In recent days and weeks, a number of billionaires have taken to very public whining. Here’s what they’re whining about, and I’m particularly focused on Leon Cooperman, a hedge-fund billionaire, and Jamie Dimon, the head of the largest bank in the United States — names that I assume many …

Income Inequality is Good

Income Inequality is Good

There has been a lot said and a lot written about income inequality – about how unfair it is that a few people are very rich and the rest of us aren’t; that the income gap between the wealthy and even the middle-class, let alone the poor, is so large. There’s only one problem with …