One idea, proposed by conservative economist Milton Friedman. is to provide a minimum income for the poor. Such a program would be more efficient since it would eliminate many welfare programs requiring fewer government workers to run.
Besides the poor, we need to address the problem of disappearing jobs. Globalization has been a factor where some have been displaced by competing workers that pay lower wages as compared to our country. Another factor eliminating jobs has been automation reducing the number of workers required. One example has been the coal industry. Lastly, Artificial Intelligence (AI) threatens to destroy millions of […]
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