Disposable income does not take necessities into account. Its main thesis is about the influence of socialism using government …The government has been running through the country’s gold reserves to pay its international debt service and finance at least some basic imports, but those reserves are now dwindling, and Maduro will either have to default or stop importing food. Economist Guy Standing says the policy can reverse inequality. Examples include academic and economist Guy Standing’s 2014 book A Precariat Charter: From Denizens to Citizens and professor P. Country B: One hour of labor can produce either one kilogram of […]

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Basic income has been a pretty hot button topic recently. Forbes says it could help our society’s productivity . The Guardian says it’s an absolute necessity . The New Economy calls it a socialist fairytale.

I say it’s either basic income or total and utter, scorched earth, death match for drinking water, cannibalistic chaos.

To put it in simplest terms, basic income is a set amount of money every citizen would receive in order to ensure a basic standard of living. It would be given to all citizens, from those with nothing all the way up to billionaires ( hoarders […]

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