Revisiting The Universal Basic Income: The Debate Continues, Part IV

A whopping 57% of households in the bottom income quintile  are single individuals. This is not so surprising, given that 44% of bottom quintile households are headed by individuals younger than 25 or older than 64.  We're talking young people and seniors.

Revisiting The Universal Basic Income: The Debate Continues, Part I

Motion Summary:  Basic income recipients would include children and adults; the employed and unemployed; and citizens, permanent residents, and all other residents who could prove a residency duration of at least three years. The amount given would start at $1,000 per person per month and be pegged to GDP growth going forward. No programs in the existing social safety would be replaced by this policy...This begins a series of posts laying out my case against the above UBI proposal.

Compassion Serves Best When Chilled

A moral emotion wants something to happen. What if the things it wants to happen are in a zero-sum relationship with each other? More of this means less of that and both this and that are Moral Goods. But you can’t have the optimal amount of both. You gotta choose! (And keep choosing, because time doesn't stop and stuff keeps happening).

Taxing Wealth

Wealth is not the same as money. For the wealthy, it's mostly equity in businesses and financial assets, e.g., value of equipment, shares, stocks, and retirement accounts. These are assets that do work: build businesses, provide funds for capital investments, grow the economy, etc.

Women, Income, and Wealth

Specific classes are where you spend part of your life. Class is a range on a distribution, not a static group, except for some people. The trajectory is usually up with age, then plateau in one's 50s, then decline. But reaching the middle class is important, because if it lasts more than a few years, that means you can buy a house, accumulate equity, and have more options later on.

 

Did Feminism Increase Inequality?

...feminism helped some women advance to positions supervising men, which in the bad ol' days was rarely tolerated, whether at fast food restaurants or accounting firms.

What Does It Mean to be a Moderate?

Moderates are often considered weak versions of the Real Thing - people who lack strong convictions, who don't want to rock the boat.

A Market-Based Approach to Healthcare?

The opposite was supposed to happen. Since more people would be insured under Obamacare, fewer would delay timely medical care. More would get regular check-ups.  Medical conditions would be caught and treated before they got out of hand, necessitating a visit to the ER. That was the theory anyway.

How to Avoid being a Fool

...they’re better at constructing elaborate ideologies around their dumb ideas and more likely to achieve positions of power, allowing them to impose these dumb ideas on others. See, for instance...

Observing Mindfulness... And Then Getting Bored By It

My initial enthusiasm for writing this blog was to figure out what I found so annoying about the mindfulness movement. Something is wrong here, my emotions said.  No, no, no!

To help me figure out if it was just me or if those feelings were on to something, I decided to study the matter further and read a canonical work, Jon Kabat-Zinn's Full Catastrophe Living: Using the Wisdom of Your Body and Mind to Face Stress, Pain, and Illness (2013).

The Science Behind the Headlines, Part I: Introductory Comments

It's not all that hard or time-consuming to check the actual study behind a headline. If the article doesn't provide a link to the academic paper being cited, judge the publication (shame on them!) and then Google Scholar the paper...

Why Does Inequality Keep Going Up? Part VI

...all this contributes to segregation along class lines, as families, friends, co-workers, and neighbors form increasingly homogeneous clusters of people with similar education, income, and norms. For many individuals, less class mixing means less first-hand exposure to success stories, which in turn undermines the confidence, motivation, and perseverance needed to get ahead in the world.