A fundamental question has recently been on my mind: What is money? While this might seem straightforward, especially to those in traditional finance, unpacking it reveals deeper questions about money ...

A tree is an organism, but also a lumber reserve. After it is felled by a lumberjack, its story as an organism ends. But its story as a lumber reserve goes on, and its story as a house has not yet ...

In 2020, amid widespread layoffs and economic turmoil brought on by the COVID pandemic, 1,000 low-income people in Texas and Illinois won something of a lottery. They were selected to receive $1,000 ...

A landmark study from OpenResearch provides more data on the benefits of universal basic income, the OpenAI founder’s favored solution for a future in which AI takes everyone's jobs. For the past ...

Some politicians and activists are eager to give you "free" money. They call it universal basic income (UBI)—cash for everyone, no strings attached. Comedian Dave Chappelle thinks UBI would "save my ...

In rural Kenya, $22 a month can go a long, long way. We’re talking a life-changing sum of money. That figure is, in fact, the amount calculated by the nonprofit aid organization GiveDirectly as ...

Interest in universal basic income has grown in recent years, and now many are looking to pilot programs to see whether local-level experiments could be applied to the federal level. The concept of ...

Universal basic income — or "free money" for everyone, without needing to work for it — might feel like an unrealistic dream. But economists have been seriously reflecting on its advantages and ...

Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps ...

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