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MIchael Hudson, Economist. Research Professor of Economics at the University of Missouri, Kansas City.
disagrees Basic IncomeThe problem’s not only income, but what people have to spend it on. Paine didn’t talk about universal income, he talked about everybody should have the right to a place to live, a means of their own self-support. That’s independent from income. Once you economize and financialize it, you put in a distortion. You don’t want to give people income to buy what really should be public goods and servic... See More
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