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Theater of the Absurd in J6 Courtrooms
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Senate Fails To Advance Bill To Halt Trump’s War on Iran
The Senate on Wednesday voted against advancing a War Powers Resolution aimed at halting further US military action against Iran without authorization from Congress amid the major US-Israeli bombing campaign in the country. The resolution, introduced by Senators Tim Kaine (D-VA) and Rand Paul (R-KY), failed in a vote of 47-53, with Paul being the […]
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What 122 Universal Basic Income Experiments Actually Show
What 122 Universal Basic Income Experiments Actually Show
Authroed by Vance Ginn via the Daily Economy,
Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review, and Fortune have all helped push the idea that AI may soon wipe out so many jobs that Washington will need to send everyone a check.
Image Credit: Shutterstock
That makes for a catchy headline. It also makes for terrible economics.
The right question is not whether AI...
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