An idea that has been around for hundreds of years, the universal basic income has only recently become an experiment in Stockton, California.
With Silicon Valley being called a massive ATM, researchers looked at the opinions of elite technology entrepreneurs to see their political influence.
For different reasons, a guaranteed basic income appeals to liberals and conservatives but few people appear ready to vote for it.
This week’s economic news summary included David Bowie’s financial innovation, China’s GDP cement problems, inequality contradictions and farm productivity.
Our everyday economics includes BRICs & MINTs, supply, monopoly, tradeoffs, economic consensus, innovation, property rights, redistribution, fertility rate.
Relating income inequality to the stress felt by low status Bolivian Tsimane men and academy award losers, researchers said that stress that harms health.
This week’s everyday economics include competition, oligopoly, marginal cost and benefit, GDP growth, unemployment, supply and demand, OPEC, redistribution.
Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.