Introduction In December 2018, Finland’s Social Insurance Institution, KELA, terminated their two-year Universal Basic Income (UBI) experiment that aimed to “increase employment and simplify the Social Security system” citing insignificant changes in the employment rate of participants. Despite this outcome, prominent U.S. figures–such as Elon Musk and Mark Zuckerberg– and the California Democratic Party still … Continue reading
For years, there has been concern over stagnant wages, unemployment, and the persistence of poverty across the United States. Many different remedies have been proposed, and at times implemented, in an effort to improve the U.S. labor market. One of the solutions most vehemently advocated for is the increase of the minimum wage, both on … Continue reading
Economic freedom gives individuals the ability to pursue self-wants in the most efficient way possible—via the market. Many laws and regulations, in the name of consumer protections or marketplace fairness, take away our fundamental right of economic freedom. Continue reading
