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July 27, 2018 06:12 pm PDT

Universal basic income vs jobs guarantees: which one will make us happier?

Two competing (or, possibly, complementary?) proposals for resolving income inequality and the hole that four decades of demand-side Reaganomics has dug us into are Universal Basic Income and a federal jobs guarantee (the former being a kind of "venture capital for everyone" that provides enough money to live without having to work for an employer; and the latter being a guarantee of a good, meaningful job of social value in sectors like infrastructure, education and caring professions). (more…)


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