Why the world should adopt a basic income

A BASIC income (BI) is defined as a modest, regular payment to every legal resident in the community, paid unconditionally as a right, regardless of income, employment or relationship status. Contrary to conventional wisdom, the case for BI does not rest on the assumption that robots and artificial intelligence will cause mass unemployment or that... Continue Reading →

Wells Fargo accused of misconduct again

Wells Fargo is once again being accused of misconduct, this time because it allegedly used complex financial investments to take advantage of mom-and-pop investors. The Securities and Exchange Commission said on Monday that between 2009 and 2013, Wells Fargo (WFC) reaped large fees by "improperly encouraging" brokerage clients to actively trade high-fee debt products that... Continue Reading →

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