Why give people money?

Automation and AI have pushed down wages in all jobs, even jobs that automation cannot do. While there is no jobs crisis, we do have a good jobs crisis. Despite headline unemployment around 3.8%, there are millions of people working part-time who would rather have full-time jobs. There are millions more who are too discouraged […]

How will we pay for the Freedom Dividend?

A thousand dollars a month for every U.S. Citizen age 18 and over will cost about $2.1 trillion. Here’s how we’ll pay for it: Value Added Tax (VAT) of 10%, about half the typical rate in Europe. This generates about $800 billion/year. Welfare overlap: people currently receiving benefits will receive the Dividend instead. They can […]