The Adult Student Basic Income: Better than a Universal Basic Income, Part I: An Affordable Approach to Fixing the Same Problems

May I propose a modest alternative: the Adult Student Basic Income (ASBI). The ASBI would provide a basic income (say, $1,000/month) up to six years total (minimum one month at a time) for adults enrolled at least part-time in postsecondary training and education programs, from ESL classes to apprenticeships to graduate school. Like the UBI, the ASBI benefit would not be means-tested, so recipients could work without jeopardizing their payments. The ASBI would also effectively combat poverty, income volatility, job instability, and lack of social mobility by subsidizing incomes while recipients increase their earning potential. Unlike the UBI, the ASBI is time-limited and would not subsidize a permanent way of life. And while the ASBI is conditional, the required adult education and training is not so onerous as to preclude working at the same time. Plus, it’s affordable.

Progress Report: What the US is Doing to Reduce Mega-Wildfire Risk

The primary fuel reduction method used by the DOI was “vegetation treatment”, which includes thinning and timber harvest; controlled burns, chemical treatments; targeted grazing; mechanical removal; mowing or cutting; logging; and fuel breaks, or gaps in vegetation that limit fire spreading or speed of spreading. Vegetation treatment is still an method in progress.

The Mission of Government: To Secure the Right to Life, Liberty, and the Pursuit of Happiness. How Does That Translate to Actual Policies?

The Pursuit of Happiness requires a bit more unpacking. The contemporary sense of happiness mixes "lots of positive emotions" with life satisfaction. That's too small, too trivial, for me. I'm looking for a sense of happiness that is less about feeling good and more about having a sense of meaning and purpose. As it turns out, my way of thinking about happiness is pretty close to that of the Founding Fathers….

What Most Americans Consider Essential to Achieving the American Dream (hint: it's not wealth, doing better than your parents, or even owning a home)

So what does matter to Americans? That is, what are the essentials of their own version of the American Dream? Allowing that the American Dream means different things to different people, there are some things that most Americans care deeply about: freedom, family, and a comfortable retirement (followed by contributing to the community and then owning a home). That’s according to a survey conducted by Pew Research a couple years ago. Check it out:

The Toxic Rhetoric of Climate Change (Reblog)

This is a Reblog of “The toxic rhetoric of climate change” by Judith Curry. Posted on December 14, 2019 (link here). I highly recommend you check out the comments on original blog and to explore Judith Curry’s other posts.

Behind the Research: The Benefits of Optimism and Pessimism

Of course, not all optimism is good. Per Haynes , Perry & Stupnisky (2009), over-optimism is actually a risk factor in college. Overly optimistic college students tend to base their optimism on uncontrollable factors, such as innate ability and luck. Think of people who like to repeat self-affirmations or are prone to saying things like “I can do it!” and “I know it will all work out!”, without taking concrete steps to actually make the good thing happen. Time and again, they fall, pick themselves up, repeat their affirmations, then fall again.

Then again, the right kind of optimism is associated with academic success…

Ideology and The War on Optimism

“Optimism is naively believing that everything will be all right, when we know that reality is far more complex and messy…. Optimism is like a sugar high that quickly fades…” - “Why to choose hope over optimism for 2020” by Kevin O’Brien

Rethinking Inequality, Part II: Are Middle-Class Incomes Rising, Falling, or Stagnating?

Some might object that Study 1 did show a decline in median income. However, the authors of Study 1 were also Study 4 authors and that study (published 15 years after Study 1) showed a substantial increase in median income. Bottom line: US median income has risen a lot over the past 40 years. And, yes, that’s controlling for inflation (no matter how inflation is calculated).

When New Luxury Housing Leads to More Affordable Housing: The Case of Oakland, California

I was speaking recently with a City of Oakland policy director about the negative press the city was getting due to all the luxury housing units being built there. One news article even claimed these new units were increasing the area’s cost of housing, because they were more expensive than the existing luxury housing stock. The policy director explained that the point of all that luxury development was not to lower the cost of luxury housing (although in time it would) but to increase the supply of affordable housing. Say what?!

Climate Change Adaptations That Pay for Themselves: Good Ideas Even If The Climate Stopped Warming Today

“…A new report by the Global Commission on Adaptation, a group convened by 20 advanced and emerging economies, identifies $1.8trn in potential adaptation investments which, if realised between 2020 and 2030, would yield estimated net benefits of $7.1trn.” The Economist Humanity will find ways to adapt to climate change. September 19, 2019…All the adaptations in the above list would be good ideas even if the climate stopped warming today. Meaning that even climate change skeptics could get behind these adaptations because they address current threats to humanity and the environment.

Why Age-Based Wealth Inequality Has Increased, in Four Charts

Point is, for most Americans, principal residence is the primary sources of wealth. After that: pensions and retirement accounts. But nobody expects younger adults to have much in the way of pensions or retirement accounts. So the question becomes: why are younger adults delaying home ownership? The next two charts tell a big part of that story…

How Would The Spirit of Innovation Be Kept Alive under Democratic Socialism?

“…it was not until the 1920s, four decades after Thomas Edison’s first power station, that manufacturers embraced [his] killer app for electricity, designing factories to accommodate dynamo-powered assembly lines…. Genuine innovations are inherently difficult to spot in advance. So the game is more about creating the right conditions for companies to press ahead and to seize on breakthroughs when they arrive. Asian-tiger governments are steering their economies with a lighter touch

This Single-Cell Organism Makes Complex Decisions: So Where Does That Leave Human Free Will?

Turns out our little friend is not a preprogrammed automaton but an unpredictable creature of “unexpected depths”, a complex and strategic decision-maker capable of “changing its mind” in response to failure. For example, Stentor roeseli “can dodge, duck or flee” to avoid a threat, alternating these evasive maneuvers in a seemingly random manner until the threat is gone. Here’s a nice illustration …

How Bad Government and Economic Systems Undermine Personal Initiative and the Pursuit of Happiness

Good government seeks to foster conditions conducive to the well-being of its people.  This mission is not all that different from that of a parent: provide a secure base while encouraging the child to leave the zone of safety to explore the world. There’s still a secure base to return to in case you lose your way - a solid safety net - but you’re free to wander, experiment, fail, get up again, and pursue happiness on your own terms.

Should Public Camping Bans be Enforced When Homeless Shelters are Available and Offered, Part IV: What are The Shelter Options?

What is a reasonable, humane and safe shelter? At a minimum, a shelter where conditions are conducive to restful sleep: quiet, supervised, with storage space and a place to keep pets. Also, sufficiently clean and uncrowded to protect shelter residents from contagious diseases and criminal victimization. Ideally, all shelters would allow a stay of at least a week.