Notoriously Curious, Data Science Nerd & Entrepreneurship Advocate
Author of CuratedCuriosity - a bi-weekly newsletter with hand picked recommendations for your information diet
Even better, forget the $300 number and mandate that it has to increase at a rate pegged to GDP growth. Maybe fix the start date at 2020, and then in year X, one third of the difference between year X GDP and 2020 GDP must be given out as basic income. In theory you should be able to get a UBI of $10,000 per person in a few decades without making... See more
Most scientists strongly favor more research funding. They like to portray science in a positive light, emphasizing benefits and minimizing negatives. While understandable, the evidence is that science has slowed enormously per dollar or hour spent. That evidence demands a large-scale institutional response. It should be a major subject in public... See more
The thing is, consumers in the bottom 78% of US workers live paycheck to paycheck, they already spend everything they have each month.They’re not holding back additional money, waiting for the right product to appear. Which means all this advertising is creating little additional growth and wealth, it’s just taking it from other companies.
By forcing everyone to “earn” a living through a job, not only do we waste people’s time and other resources, but we also damage the environment. Jobs are bad for the environment.
Their number one lesson is: Choose your mate carefully! The key is not to rush the decision, taking all the time needed to get to know the prospective partner and to determine your compatibility with them. Said one respondent: “Don’t rush in without knowing each other deeply. That’s very dangerous, but people do it all the time.” Also make sure you... See more
“Bursts of high-impact works [are] remarkably universal across diverse domains,” he and his co-authors wrote. Just about everybody has a period in their life when they produce at their best, even if, unlike Aretha, they aren’t pumping out some of the greatest work of the 20th century.
Giving everyone a set amount every year won’t create the highway systems, subway systems, nuclear power plants, hoover dams, space programs, water filtration systems, and more that we need as a society overall. In fact, if the total UBI system cost as a percent of tax receipts becomes too large, UBI may preclude these things from ever being built.... See more
However, this creates less wealth overall as work is no longer given to where it’s done most efficiently. This breaks the primary component of capitalism. The second solution is some sort of socialism, where the government introduces new laws and systems to redirect money to attempt to balance the system manually. This will help, but creates less... See more