An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, April 16, 2014
Steve Randy Waldman — VC for the people
SRW advocates a universal basic income guarantee while reporting on the recent INET conference he attended.
This idea so obviously falls into the 'neat, plausible and wrong' category I'm surprised people spend any time on it.
ReplyDeleteWishing for something doesn't make it so. You have to engineer a solution based upon the constraints of reality.
Which is that humans are awkward.