Author Archives: Guest Contributor

OPINION: The Liberal Case for a Basic Income

Max Sawicky’s post on the liberal case against a universal basic income (UBI) characterizes the rationale for UBI as poverty elimination at low overhead cost. While he’s right that this is one of UBI’s benefits, he misses its much larger goal. What distinguishes UBI from the anti-poverty programs we already have in the US is that it eliminates poverty through redistribution that is explicitly unconditional and universal—it goes to everyone, whether or not they work or are looking for work. Low overhead costs are simply a bonus of abandoning the means-testing and monitoring of work effort that are the foundation of all the programs Sawicky wants to expand.

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OPINION: Basic Income, QE3 Plus, and the Euro crisis

By Gary Flomenhotf Not everyone follows the actions of central banks, such as the private bank cartel called the US federal reserve (the fed), but you should know what the fed is up to lately:  QE3[1] PLUS! See article here. You may know that QE3 is a fed program to purchase $40 Billion in mortgage bonds per month from banks, basically

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OPINION: The Sad But Predictable Downfall of the Cato Institute

Article by: Almaz Zelleke   The Cato Institute, a non-partisan Washington, D.C. think tank founded in 1977 to promote and disseminate libertarian views, is in danger. Due to a highly unusual and, in hindsight, highly unfortunate shareholder structure for a non-profit, it finds itself at risk of a hostile takeover by two of its co-founders, billionaire businessmen Charles and David Koch.

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