“The vast majority of families in poverty with children do not receive any help for child care. This again makes the United States a rarity: its public child care spending as a share of GDP is one-quarter of that of sixteen other OECD countries”
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
“prominent group of economists recently looked at randomized control trials of government cash-transfer programs from Honduras, Indonesia, Morocco, Mexico, Nicaragua, and the Philippines. They found that receiving cash had no effect on the number of hours worked or the propensity to work, for both men and women. Indeed, the cash-transfer programs seemed to boost the amount that men worked, in some cases.”
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
“In the eyes of economists, long-term unemployment causes “hysteresis,” a word derived from the Greek term for lagging behind.”
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
“I have a foreboding of an America in my children's or grandchildren's time -- when the United States is a service and information economy; when nearly all the manufacturing industries have slipped away to other countries; when awesome technological powers are in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what's true, we slide, almost without noticing, back into superstition and darkness...
The dumbing down of American is most evident in the slow decay of substantive content in the enormously influential media, the 30 second sound bites (now down to 10 seconds or less), lowest common denominator programming, credulous presentations on pseudoscience and superstition, but especially a kind of celebration of ignorance”
― The Demon-Haunted World: Science as a Candle in the Dark
The dumbing down of American is most evident in the slow decay of substantive content in the enormously influential media, the 30 second sound bites (now down to 10 seconds or less), lowest common denominator programming, credulous presentations on pseudoscience and superstition, but especially a kind of celebration of ignorance”
― The Demon-Haunted World: Science as a Candle in the Dark
“Perhaps the most prominent argument for a UBI has to do with technological unemployment—the prospect that robots will soon take all of our jobs. Economists at Oxford University estimate that about half of American jobs, including millions and millions of white-collar ones, are susceptible to imminent elimination due to technological advances”
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
― Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
Michael’s 2025 Year in Books
Take a look at Michael’s Year in Books, including some fun facts about their reading.
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