Tag Archives | guaranteed income

Democratized Aristocracy

Voters in Switzerland just resoundingly defeated a referendum calling for a guaranteed minimum income, a check to be sent to every Swiss citizen every month for as much as 2,500 francs, or a little over $30,000 per year. That’s a solid lower-middle-class income—for doing nothing. There are two ways of looking at this news. We […]

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Battlefield Earth Economics

I wrote a little while back about the rise of “Star Trek economics”—the left’s view that distributing wealth is like ordering food from a “replicator” in the Star Trek science fiction franchise. You ask for it, and it just appears. To paraphrase one of Arthur C. Clarke’s rules about science fiction, any sufficiently advanced economy […]

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