Quote
"Men did not make the earth... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds."
"I do [support a UBI], but that is not where we are. I think that is a very correct idea... that’s kind of a step too far right now for the United States."

Universal basic income (UBI) is a social welfare proposal in which all members of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform work. In contrast, a guaranteed minimum income (GMI) is paid only to those who do not already receive an income that is enough to live on. A UBI would be received indep
"Men did not make the earth... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds."
"With a basic income, more people can choose for themselves whether to work full-time or part-time, making their own tradeoffs between more money and more leisure."
"Im always concerned about, more than anything else, the waste of human potential. ... So much intelligence is wasted from poverty. People who simply dont have the time, the space to use their imaginations. They cant be creative, because to be creative requires that, for a little while at least, you let go of the basic concerns of staying alive—you cant really be creative if survival is the primary topic on your mind. And so Ive been thinking about that for a long time, thinking how do we utilize the cumulative intelligence and creativity of people? And recently I heard of ... a very simple idea, ... which is: give everyone some money every week. No matter how rich they are, how poor they are, just make sure that theres a basic income level beyond which people dont fall. ... I like the idea that it says we believe that all people are potentially creative and that they should be given the chance to express that."
"Basic income grants freedom and security without strings attached. It automatically supplements low wages without bureaucracy or complex wage subsidies."
"If you can provide a mechanism where anybody can try any commercial idea without risking becoming homeless and indebted, more people will innovate and take risks."
"Unless we abandon the work ethic of another era, ... lives may be wasted because of blind insistence that everyone must have a "job" even if the job is useless."