BASIC INCOME’S POLITICS PROBLEM


To begin with, there is the problem of exactly whom the basic income will apply to; in other words, what is the subject for claims to social justice in the world of basic income. In most formulations, from Thomas Paine forward, a basic income is conceived of as having a condition of citizenship attached to it. Though this would be a relatively straightforward in a world of limited interstate migration, the reality is that individuals and families currently exist in a wide variety of positionalities vis-à-vis the state in which they physically inhabit. In addition to citizens, there are permanent residents, refugees, students on visas, temporary foreign workers and more. The danger with a citizenship-conditional basic income, as it is unlikely that every country would implement such a policy at the same time, and certainly not at the same monetary level, is that it would further deepen the divide between citizen and non-citizen inhabitants of particular countries.

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Carter Vance — Economic Questions

How This All Happened


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A great narrative of what happened to the U.S. economy since the end of World War II.

If you fell asleep in 1945 and woke up in 2018 you would not recognize the world around you. The amount of growth that took place during that period is virtually unprecedented. If you learned that there have been no nuclear attacks since 1945, you’d be shocked. If you saw the level of wealth in New York and San Francisco, you’d be shocked. If you compared it to the poverty of Detroit, you’d be shocked. If you saw the price of homes, college tuition, and health care, you’d be shocked. Our politics would blow your mind. And if you tried to think of a reasonable narrative of how it all happened, my guess is you’d be totally wrong. Because it isn’t intuitive, and it wasn’t foreseeable 73 years ago.

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Morgan Housel — Collaborative Fund

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Christmas Without Toys R Us: Who Will Fill Its Stockings?


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Kahn remarked on how competitive the category has become, with all kinds of retailers trying to cash in. “I think of it as a ‘defender’ category,” she said. “If you’re a family – and that’s the kind of customer a lot of retailers want – then you have to buy your kids’ toys somewhere. So you’re seeing toys showing up in interesting [places].” Even electronics purveyor Best Buy is offering toys this year, Kahn noted. “You go into the store to buy toys, and while you’re in there you are buying in other categories. I think that’s one of the reasons why it’s a really competitive area right now.”

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Knowledge@Wharton

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True Colours


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#metoo from India. Painter & sculptor Jatin Das.

More public testimonies followed. Garusha Katoch, who was 20 years old when she started her internship at the Jatin Das Centre of Art in 2013, posted a detailed account of how Das had hugged and attempted to kiss her on her third day at work. “I can’t describe what I felt like, I really have no words for it even now,” Katoch told me. “The thing that bothers me with the Jatin Das story is that none of this is a secret, it is not even like there was a whisper network attached to him, it was freaking normal talk. Everybody knew,” Shree Paradkar, an Indo-Canadian journalist who had interviewed Das in the mid-1990s, told me when we spoke over the phone. Her account was first published on the digital news website The Wire.

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Nikita Saxena — The Caravan

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Yelp’s Heyday Is Over


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Will Zomato face a similar struggle in India?

Part of Yelp’s woes seems related to its new no-term deals, meaning advertising clients are not locked into a contract. While that move initially resulted in a jump in new accounts, it also means businesses aren’t obligated to continue to advertise if they’re not impressed with the results of their advertising — and seemingly, more and more business owners are taking their ad dollars elsewhere, especially as diners flock to other platforms. “I opened a new restaurant a few months ago, and for every five Google reviews we get, we get maybe one Yelp review,” says Danny Teran, co-founder of the NYC-based Watson Hospitality Group. “Three or four years ago, that wasn’t the case.”

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Whitney Filloon — Eater

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How Have Plants Shaped Human Societies?


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Britain prospected Peruvian bark trees and grew them in India, having first transplanted them to Kew, one of many botanical gardens that served as a center for medical and colonial botany. In fact, the success of British rule in India depended partly on the control of malaria through the establishment of local Cinchona plantations. In Jules Verne’s 1874 fantasy novel The Mysterious Island, the sulfate of quinine that miraculously saves the life of one of the main characters turns out to be a gift from the reclusive Captain Nemo. Yet far from being a pure gift, Cinchona, like so many other botanical discoveries, was both a cure for suffering and an instrument of power.

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Yota Bataski & Alex HumphreysScientific American

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Why Nikola Tesla was the greatest geek that ever lived


From The Otameal.

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The Oatmeal