Another economist catching onto the idea of a a universal basic income. John Aziz, writing for The Week, argues that minimum wage is a flawed concept that should be replaced by a universal basic income, which solves the problem of low wages as well as getting rid of welfare benefits and the huge unproductive government…

Here’s a nice short and easy to read article from Tom Streithorst on the economics of supply and demand that highlights the stupidity of austerity in the midst of a recession. It begins with a little homily on the inevitability of a universal basic income, which is always good to see.

The notion of creating new money and giving it in equal share to the citizens of the UK may sound ridiculous, but this article by Mehdi Hasan in The Huffington Post explains that the idea isn’t as radical as it sounds. For an economy to thrive money must be available and mobile so creating and…

This is an interesting article from David Graeber in which he suggests that much of the “work” we do has no tangible benefit apart from making us feel that we’re part of the workforce. He maybe overstates the case a bit but who hasn’t spent time at work doing stuff that’s utterly pointless? Another good…

Universal Basic Income: Why Not?

Here’s a video that introduces the idea of a Universal Basic Income. Many of you will be deeply suspicious of the concept. I certainly was when I first thought about it while researching my book. I was looking for solutions to the problem of how to recycle money through the productive economy, which is an…