A Universal Basic Income Is the Utopia We Deserve
The idea of a universal basic income for all citizens has been catching on all over the world. Is it too crazy to believe in? We spoke to the author of a new book on the ins, outs, and utopian dreams of making basic income a reality.
Less Affordable Housing Means Less Economic Mobility
Kids who grow up poor have a better chance of one day not being poor if they grow up neighborhoods where everyone isn’t poor. But in some cities, affordable housing crises are making that impossible. It’s a quandary.
Black Colleges Pay More to Borrow Money, For No Good Reason
A new study finds that historically black colleges are charged more money to issue bonds than white schools, even if they are equally strong financially.
Automation and Basic Income
Without meaning to, the CEO of a restaurant corporation that is busily trying to automate employees out of existence is becoming one of the best spokesmen for the idea of providing all Americans with a universal basic income.
Teachers Can't Afford to Live Where They Teach
In San Francisco and Silicon Valley, housing is expensive and in short supply. All throughout the Bay Area, cities are discussing where the hell all their schoolteachers are supposed to live.
Inequality and "Trickle Up" Economics
As inequality has grown around the world, an extremely simple idea—to give everyone some money—has become more and more compelling. Crazy? On the contrary!
One More Way That CEO Pay Is Disgustingly Corrupt
A new study shows that the way that CEOs of large corporations are paid is a thoroughly corrupt, disgusting, despicable process more akin to the Mafia than to a well-run business. I’m paraphrasing.
Canada’s relatively radical fight against economic inequality is hobbled by “the government’s insistence that the chief beneficiary of that fight will be the middle class — as opposed to the poor... living up to it appears to have produced policy designs that wouldn’t otherwise make much sense.”
The majority of black and Hispanic families have no retirement savings at all; among those who do, their median savings are just $22,000, versus $73,000 for the median white family with savings. The racial wealth gap lasts until you’re dead.

