Wealth & Poverty Review | Page 25

old-rainier-brewery-seattle

A Brewing Rebellion in the Emerald City

For the past five years, like many of its West Coast counterparts, Seattle has endured a steady expansion of homelessness, addiction, mental illness, crime, and street disorder. Something is terribly wrong in the Emerald City. Read More ›

U.S. Trade Deal with China Imperfect, but Both Sides Benefit

The U.S. and China are edging closer to finalizing a trade deal that should end the tariff penalties that are at the heart of a year-old trade war. But a comprehensive deal that includes remedies for China’s theft of intellectual property and forced technology transfer from American companies doing business in China may not be in the cards in closing out this round of trade talks. When China joined the World Trade Organization (WTO) in 2001, it was granted “developing country” status, which allowed it to nurture infant industries by levying high tariffs on imports from the U.S. and Europe even while China benefited from low tariffs on its exports into those same countries. Read More ›

The Bill Walton Show: “Is War with China Inevitable?” with Adm. James Stark and Dr. Stefan Halper

In China, the U.S. confronts an adversary that saw itself as the Middle Kingdom –the center of the universe –for 3,000 years, then endured a century of humiliation and now seeks to return to what it sees as its rightful place in the world. Join Bill Walton as he and veteran Washington foreign policy experts Dr. Stefan Halper and Adm. James Stark discuss China’s comprehensive program to dominate its region and to challenge the U.S for cultural, economic and military superiority. Read More ›

George Gilder Interviewed on the ‘Whiskey Politics’ Podcast

Discovery Institute’s George Gilder sat down with Dave Sussman of the Whiskey Politics podcast to discuss his latest book Life After Google: The Fall of Big Date and the Rise of the Blockchain Economy.

Bill Walton

The Bill Walton Show: “Burn the Business Plan” with Carl Schramm

An entire industry – mostly government-funded – has sprung up around the idea of creating entrepreneurs. Don’t buy any of it. Don’t buy college. Don’t buy business incubators. Don’t buy mentors – you probably know more about what it takes to succeed in your business than they do. Start the business. Read More ›
Artificial Intelligence
Businessman on blurred background using digital artificial intelligence interface 3D rendering

Universal Basic Income? Fear of AI Fuels a New Argument for Socialism

With Alexandria Ocasio-Cortez and other Democratic candidates for president floating wilder trial balloons than a psychedelic circus, I’m surprised they have not (yet) picked up on the universal basic income (UBI). The UBI (guaranteed income for employable people who choose not to work) is far and away the favorite “solution” among those strong AI enthusiasts who expect machines to replace human work. They expect vast swaths of the country to be out of work for good. So far, the only candidate plugging UBI is entrepreneur Andrew Yang. Yang is more idea-oriented than his Democratic opponents and he has made UBI central to his presidential campaign in the key state of Iowa. His plan would offer $1,000 a month per person. I suspect it’s only a matter of time before other Democratic candidates pick up on this platform plank, on the assumption that their likely voters will imagine it as free money. Read More ›
Homeless man sleeping on a bench
Sofia, Bulgaria - November 4, 2014: Homeless man is sleeping on a bench in the center of Sofia. Years after joining the EU Bulgaria is still the poorest country in the union.

When “Compassion” is Contempt

The Washington legislature is one step closer to legalizing homeless encampments statewide. Last week, Democratic lawmakers passed through committee legislation, introduced by Representative Mia Gregerson, that would usurp the authority of city governments and legalize camping in all “plazas, courtyards, parking lots, sidewalks, public transportation facilities, public buildings, shopping centers, parks, [and] natural and wildlife areas” throughout the state.

If passed, the bill, inspired in part by the work of Seattle University professor Sara Rankin, who claims to “advance the civil, constitutional, and human rights of visibly poor people” through “the repeal of laws that criminalize homelessness and poverty,” would represent the most significant extension of “survival crime” theory into American law. Survival-crime theory has been percolating through academic journals since the late 1980s. In a widely circulated paper, Rankin argues that the “intersectionality of poverty and homelessness” forces marginalized individuals to commit crimes to ensure their basic survival; therefore, state and local governments should abolish prohibitions against public camping, drug consumption, and low-level property crime.

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