Johanna

The absence of a contingency plan is a fatal design flaw for UBI. Top-down complexity has a cost. If UBI fails 10–30 years into the future we may have a significant population percentage that has never done any work and suddenly needs to. Because any UBI program failure would likely be a result of running out of money, it could be catastrophic for... See more

“If parking was charged at the market rate for the rent of the land, then we’d all understand just how much single occupancy vehicle use is currently inadvertently subsidized,”

Martinelli highlights “the danger that basic income ‘would aggravate the problem of low pay and subsidize inefficient employers,’ leading to a proliferation of ‘lousy’ jobs.” In this scenario, those with good jobs will continue to lead fulfilling lives, now supplemented by universal income, while others will have to combine their UBI with one or... See more

I don’t care when our employees come to work or what their schedules are. I don’t care where in the world they live (provided they have a great Internet connection). I don’t care how they do the work. I’m not going to micromanage. If you’ve really hired the best, they should be able to prove it with output and show their work.

Finally, it’s worth considering that the biggest potential for basic income isn’t in the US but in developing countries. India has the infrastructure for a basic income: For years now, it has been building out the world's largest biometric database as a way to securely issue benefits. Tracking income is more difficult, which would render a negative... See more

Don’t ask around about the person before you interview them; and never, ever talk to the other interviewers about the candidate until you’ve both made your decisions independently. That’s the scientific method.