The Americas

Costs and Consequences of Different Redistribution Schemes

National Universal Basic Income has been touted by rich entrepreneurs and technology enthusiasts, as well as one of the underdog candidates for the 2020 presidential election. The proposal has been studied for years, but it has been almost always been represented in one fallible way; $1,000 a month for any working-age adult. There are some potential issues with this system, and this article will discuss them and provide a few solutions.

Read Full Article

Re-examining Andrew Yang’s Signature Policy

Universal Basic Income is becoming increasingly popular, especially among young people, who recently polled majority support for the futuristic program. The concept is decades old, and was first popularized in 1972, when George McGovern, then Democrat-candidate for the presidency publically touted a $1,000 a year basic income.

Read Full Article

So, I am regularly told that “IQ is not this huge factor!” and that “education makes more of a difference in people’s lives” as this big thing that is supposed to make hereditarian beliefs about intelligence go out the window. Along with that we also get the “If group x had better education, their IQ would rise.” Stuff like this, commonly believed, yet unproved nonsense, is why I’m here.

Read Full Article

Challenges, Solutions, and Utility of High-Speed Rail Networks

Enabling daily commutes from Frederick to Baltimore, or Bakersfield to Los Angeles, high speed rail has the potential to strengthen trade, commerce, and mobility between American cities. While I would agree that it is unlikely, based on our current models to assume these projects could pay for themselves with ticket revenue alone, we can weigh enhanced mobility and freedom of movement with a limited national high-speed rail network.

Read Full Article

If It Ain’t Broke, Don’t Fix It; Insurance Itself Is Not the Problem

Moderate Democrats should embrace expansion of Medicaid and Medicare as affordable alternatives to Medicare-for-All, which would undoubtedly necessitate middle class tax hikes. Liberal and conservative policy institutes alike agree that Medicare-for-All proposals would double the size of the federal budget and increase the national healthcare expenditures.

Read Full Article

Making Taxation Fair While Improving the Economy

The United States Internal Revenue Code is very complicated. Income is treated in a variety of different ways depending on its source and size. Even though it can be argued that the code is simpler than in past decades, it carries rules and regulations that unfairly privilege shareholders, homeowners, business owners, and rent-seekers.

Read Full Article