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The first basic income proposals were a reaction to the seizure of common fields by English landlords. George Stubbs/The Yorck Project

Basic income’s appeal today is similar to its roots in 18th‑century England – it’s a way to compensate people for a common good taken for private gain

Today’s basic income proponents say cash payments would be good for everyone. In the 1790s, the idea’s inventor argued something else: It was owed to everyone.
Democratic U.S. 2020 election presidential candidates during the second night of the first Democratic presidential candidates’ debate. REUTERS/Mike Segar

Fighting words for a New Gilded Age ‑ Democratic candidates are sounding a lot like Teddy Roosevelt

The problems facing America are unrestrained capitalism and corruption, said the Democratic presidential candidates over two nights of debates. Or was that really Teddy Roosevelt speaking?

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