The Fed, Scary Robots, And The Puritan Work Ethic

For some reason, frightening labor has done nothing to increase productivity.

Andrew Yang has made Universal Basic Income a central plank in his campaign. He’s telling us that the robots are coming and that he has the data to prove it.

Frankly, his story is a bit chilling, and it is certainly motivating. Yang’s work to promote a policy of a Universal Basic Income got me thinking that when it comes to productivity, nothing is working. Not innovation, not scaring the…