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  • Showing only topics with the tag "economics". Back to normal view
    1. What is something cheap to create but expensive to purchase?

      I was having a conversation with a friend today about the economics of art and the potential cost of purchasing an idea. It got me thinking, what are some other things relatively cheap to create...

      I was having a conversation with a friend today about the economics of art and the potential cost of purchasing an idea. It got me thinking, what are some other things relatively cheap to create but expensive to purchase?

      19 votes
    2. Federal Reserve buybacks - Possible usage as UBI?

      So the Federal Reserve has recently handed out billions of dollars to banks in recent months by buying back bonds. I've heard that it is now about $3 trillion in total, but I can't confirm that...

      So the Federal Reserve has recently handed out billions of dollars to banks in recent months by buying back bonds. I've heard that it is now about $3 trillion in total, but I can't confirm that because I cannot figure out the federal reserve's website. It is $120 billion nightly though apparently [Source].

      This is a huge sum of money to be handed out, and I don't really understand what happens with it. But my question is if it would be possible (not talking about the chances of it happening, just possibility) that the money could be applied as a UBI, since if the $3 trillion approximation for the past three months, and we assume 330 million people in the US [Source], then that means it could be given as $9090 to each American?

      I'm tired btw, and this is just a random idea that popped into my head as a source for money for UBI plans, as trickle down economics clearly isn't working.

      11 votes
    3. What are your thoughts on a Universal Basic Income?

      With the incredible pace of automation and AI taking place across all sectors of our Global Economy, countries/governments/citizens need to start seriously thinking about how we can continue to...

      With the incredible pace of automation and AI taking place across all sectors of our Global Economy, countries/governments/citizens need to start seriously thinking about how we can continue to survive when there are simply not enough jobs to be had. UBI is one option that countries have attempted to "beta test" with varying results. What is ~'s[sic] opinion on UBI and automation and AI "taking our jerbs"?

      41 votes
    4. Are trade wars good (and for whom)?

      Recent news has made it plain that President Trump intends on going through with his much discussed plan of implementing tariffs on many sources of steel and aluminum imports to the US. This seem...

      Recent news has made it plain that President Trump intends on going through with his much discussed plan of implementing tariffs on many sources of steel and aluminum imports to the US. This seem as good a time as any to ask a question that begs for evidence: Are trade wars good, and who benefits?

      There is good reporting out there that analyzes the likely impact of this particular steel tariff, so feel free to find it and use it in your own argument (there are figures the administration has produced and figures that other studies have produced using the same source material). There are also plenty of other tariffs out there throughout history that have been studied and discussed. Because these sources can sometimes conflict, please be aware that your choice of what sources to use may need to be justified.

      16 votes