Tag Archives | agriculture

The Basic Income Is the Worst Response to Automation

We’ve been hearing a drumbeat recently of claims that a universal basic income—in effect, a monthly welfare check sent to everyone—is going to be necessary to save all the poor unfortunate souls put out of work by self-driving cars, artificial intelligence, robots, and other new forms of automation. We are told that the basic income […]

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Capitalism Is Organic

A post from Facebook has been making the rounds, where I came across it by way of my Federalist colleague Scott Lincicome. ❤️ pic.twitter.com/JTtTlcNbGM — Scott Lincicome (@scottlincicome) April 11, 2016 Here’s the mind-blowing argument: “If we each grow a large crop of different food, we could all trade with each other and eat for […]

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