By Nick Buffie Back in 2013, the Washington Post ran the headline: “Thinking Utopian: How About a Universal Basic Income [UBI]?” The article was written as a thought experiment; it concluded that while a UBI may be worth pursuing in the future, “right now doesn’t seem like the ideal time for Utopian thinking.” But just eight years later, UBI – the proposition that all … [Read more...] about A Pro-UBI Talking Point Debunked
Automation
4 Ways Employers Respond to Minimum Wage Laws (Besides Laying Off Workers)
By John Phelan Most of you will be familiar with a supply and demand graph. This shows a demand curve, which graphs the relationship between the price of something and the quantity demanded of that something, as well as a supply curve, which graphs the relationship between the price of something and the quantity supplied of that something. It is probably the most basic—and … [Read more...] about 4 Ways Employers Respond to Minimum Wage Laws (Besides Laying Off Workers)