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Author Archives: wbaltzley
Unconditional Income Tested in India | Juhi Bhatt
India recently performed an experiment in which each individual man and woman were given 200 rupees a month, and each child a hundred rupees. The results were encouraging.
Posted in Universal Income
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Growth Has Been Good for Decades. So Why Hasn’t Poverty Declined? | New York Times
The surest way to fight poverty is to achieve stronger economic growth. That, anyway, is a view embedded in the thinking of a lot of politicians and economists. “The federal government,” Paul Ryan, the House Budget Committee chairman, wrote in … Continue reading
Posted in Class Warfare, Poverty
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The Rich Have Advantages That Money Cannot Buy | Financial Times
With the popularity of Thomas Piketty’s book, Capital in the 21st Century, inequality has become central to the public debate over economic policy. Piketty, and much of this discussion, focuses on the sharp increases in the share of income and … Continue reading
Posted in Class Warfare
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10 Reasons You HAVE to Quit Your Job in 2014 | James Altucher
This was going to end badly. My boss screamed at me in front of my colleagues. I had done something wrong of course. I had sent a product to the client without debugging it thoroughly. It was my fault. But … Continue reading
Peter Shiff Predicts American Economic Collapse by 2015 | Money Map Press
Dear Reader, Speaker of the House John Boehner usually doesn’t vote on House bills himself… But he went out of his way to vote yes on this one… A “clean” bill to extend America’s debt to an unmitigated $17.3 Trillion… … Continue reading
Free Money is no Longer the Stuff of Utopia | New Internationalist
For 40 years now I have been advocating for an unconditional Basic Income (BI) – a regular state payment to each citizen of the affluent societies, regardless of work status or household role, also called ‘Citizens Income’. During this time, … Continue reading
Posted in Universal Income
Tagged Basic Income, employment, unconditional Basic Income
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Give Directly’s Breakthrough ‘Free Money’ Model Grows As Evidence Mounts | Forbes
Give Directly has an extremely simple model – find poor people and give them money. That’s it. It’s a radical idea which sometimes rubs people up the wrong way – a popular refrain is, won’t people just drink the money? … Continue reading
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Koch on Cronyism | AgainstCronyCapitalism
I include because he has some interesting things to say about crony capitalism and how it hurts our economy. For all the bad press this guy gets he’s the only high profile billionaire I know of who is actively calling … Continue reading
Wealthonomics: Rags To Riches 