3 ms·

>If you try to do this using conventional budget math, you're not going to get the right answer. I'm very curious about this part, particularly in light of you

>If you try to do this using conventional budget math, you're not going to get the right answer. I'm very curious about this part, particularly in light of your comment elsewhere that "It's possible to implement basic income without any direct government support." I feel like there are very interesting answers being alluded to in your posts but none actually presented.

Suncho 9y ago
Sorry. I'm scattering everything around. You can read more about my basic income project here: http://www.greshm.org http://www.greshm.org If you don't feel like clicking the link, I'm developing a USD-backed basic income system that does the equivalent of deficit spending to fund a basic income. If you think that sounds crazy, then most people agree with you.
- pault 9y ago
  I think it sounds crazy too but I would love to be proven wrong. :) Do you have a background in macroeconomics?
  - Suncho 9y ago
    I'm self taught mostly from books and MOOCs and arguing with friends of mine who are actual economists. Perhaps my lack of formal economics training is another reason not to listen to me. If you're interested in going deep on this stuff, I highly recommend this MOOC: https://www.coursera.org/learn/money-banking https://www.coursera.org/learn/money-banking He doesn't talk about basic income, but this class really helped me understand the nature of money and economic policy. If you're curious about more about the economics of a deficit-funded basic income, I'm working on a paper about that. Here's the abstract: https://drive.google.com/file/d/0B9KDLUTAOkduOXdNQWl3REw4eWc/view?usp=sharing https://drive.google.com/file/d/0B9KDLUTAOkduOXdNQWl3REw4eWc... Feel free to email me if you're interested in reading the full paper. It's over 50 pages long, but it's not very mathy and should (hopefully) be accessible to non-economists.
- rev_bird 9y ago
  Thanks for linking to this, looking forward to checking it out.

Suncho 9y ago

Sorry. I'm scattering everything around. You can read more about my basic income project here: http://www.greshm.org http://www.greshm.org If you don't feel like clicking the link, I'm developing a USD-backed basic income system that does the equivalent of deficit spending to fund a basic income. If you think that sounds crazy, then most people agree with you.

pault 9y ago
I think it sounds crazy too but I would love to be proven wrong. :) Do you have a background in macroeconomics?
- Suncho 9y ago
  I'm self taught mostly from books and MOOCs and arguing with friends of mine who are actual economists. Perhaps my lack of formal economics training is another reason not to listen to me. If you're interested in going deep on this stuff, I highly recommend this MOOC: https://www.coursera.org/learn/money-banking https://www.coursera.org/learn/money-banking He doesn't talk about basic income, but this class really helped me understand the nature of money and economic policy. If you're curious about more about the economics of a deficit-funded basic income, I'm working on a paper about that. Here's the abstract: https://drive.google.com/file/d/0B9KDLUTAOkduOXdNQWl3REw4eWc/view?usp=sharing https://drive.google.com/file/d/0B9KDLUTAOkduOXdNQWl3REw4eWc... Feel free to email me if you're interested in reading the full paper. It's over 50 pages long, but it's not very mathy and should (hopefully) be accessible to non-economists.
rev_bird 9y ago
Thanks for linking to this, looking forward to checking it out.