Alex Howlett
S5E43
I recently joined Julian Vigo on her Savage Minds podcast to discuss UBI and jobs (and MMT).
savageminds.substack.com/p/alex-howlett
25.02.2026 20:38
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Beyond the Artist Subsidy: Universal Basic Income as a Radical Shift in How People Receive Their Money – Feasta
I wrote a guest blog post for the Feasta blog.
"People need money. They don’t need to be exploited. And we certainly don’t need to pretend to exploit people as an excuse to hand them money."
www.feasta.org/2026/01/30/b...
02.02.2026 08:06
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In my new working paper, "Keynesianism's Labor Problem," I argue that thinking of people as workers leads us to get economic theory wrong.
This is a revised version of what I presented at the BIEN Congress in Brazil
www.greshm.org/files/2025-1...
14.12.2025 02:50
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Money View Reading Group - YSI INET
The Money View Reading Group reads and discusses writings on money, banking, and finance. We are a self-directed group. Anyone interested in money and banking can read the readings, join […]
The Money View Reading Group is starting a new book! Our first session on Calomiris and Haber's "Fragile By Design: The Political Origins of Banking Crises and Scarce Credit" (2014) is this coming Monday, November 17th, at 2pm EST.
ysi.ineteconomics.org/event/money-...
Come join!
16.11.2025 05:44
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The Money View Reading Group is starting a new book! Our first session on Giovanni Arrighi's "The Long Twentieth Century: Money, Power, and the Origins of Our Times" ([1994] 2010) is next Monday, October 20th, at 2pm EDT.
ysi.ineteconomics.org/event/money-...
Come join!
16.10.2025 05:19
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Next Tuesday, August 12th, at 4 pm EDT, The Money View Reading Group is starting Kenneth Rogoff's new book, "Our Money, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance."
Come join!
ysi.ineteconomics.org/event/money-...
08.08.2025 14:16
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What Problem Does UBI Solve?
Ask ten different people what problem Universal Basic Income solves, and you’ll get ten different answers. Scott Santens could probably give you a hundred. This is understandable: A world with UBI dif...
Does UBI solve a problem, or does it serve a function? UBI allows us to distribute money while allocating labor more efficiently.
"The more efficiently we can exploit people, the less we have to exploit them."
28.06.2025 11:15
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UBI and the Environmental Cost of Overemployment
Imagine for a moment that we paused all economic growth. The pie isn’t getting bigger, but it isn’t getting smaller either.
Now, imagine we invent an efficiency improvement—some new technology. This ...
If you're serious about environmental impact, then you should be serious about UBI.
"Have we unwittingly been overemploying ourselves and overworking our economy, incurring costs to markets and our environment, yet receiving fewer benefits in return?"
www.greshm.org/blog/ubi-and...
03.06.2025 18:42
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1:1 The Money Market
Smoothing Over Payments Deficits
"Everyone has their own individual balance of payments: the time pattern of locked-in cash flows and cash commitments. When money is tighter in the market as a whole, those with payments deficits drive up the money rate of interest by bidding for funds."
20.05.2025 04:54
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Home
The mission of The Greshm Institute is to deepen the intellectual discussion of basic income (UBI).
I've never been against UBI, and I haven't removed any videos. Are you sure you're not confusing me with someone else?
I literally run a nonprofit think tank in support of UBI.
For more info, you can take a look at our website.
www.greshm.org
06.05.2025 02:36
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I like this article.
For me, the main issue is that Guaranteed Income merely targets people who are left behind by the current economic system. That might be a worthwhile thing to do, but UBI actually fixes the system.
04.05.2025 20:16
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What are you talking about? What episode? Was it a Boston Basic Income? It wasn't my intention to remove any of them.
I've been an ardent UBI supporter since 2011.
04.05.2025 20:14
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The Money View Reading Group is starting a new book! Our first session on Fernand Braudel's "The Wheels of Commerce" (1982) is this coming Tuesday, May 6th at 4pm EDT.
ysi.ineteconomics.org/event/money-...
Come join!
03.05.2025 14:25
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1:1 Money Is Global
The Myth of Monetary Sovereignty
"Individual countries want to believe that they can control their own monetary systems, but they don't have their own monetary systems. There is one system: a global system."
18.04.2025 01:48
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The System Is Fragile
Promises Breed Instability
"As long as cash commitments are easy to meet, people will continue entering into new cash commitments. The web will grow more tangled. The dominos will get closer together. This continues right up to the point of financial crisis."
08.04.2025 21:36
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My colleague Derek Van Gorder has written a new working paper explaining the idea of Calibrated Basic Income. There's a level of UBI that maximally helps the economy serve the people. Let's find it.
www.greshm.org/files/2025-0...
03.04.2025 04:06
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Money as Credit
The Purest Money Is Paper
"Money, in its ideal platonic form, is a credit claim. Commodity monies such as gold are merely an approximation of that ideal."
23.03.2025 22:23
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The Money View Reading Group is starting a new book! Our first session on "The Empire of Value" by André Orléan (2014) is Tuesday, March 25th at 4pm EDT.
ysi.ineteconomics.org/event/money-...
Come join!
19.03.2025 04:20
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Banking Implies Hierarchy
A Natural Money Structure
"The emergence of banking is the emergence of hierarchy."
18.03.2025 04:12
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Public-Private Monetary Hybridity
Money as a Creature of the Market
"Centralization is natural. Money and banking connect everything. Labeling the economy as distinct public and private sectors doesn't change that. Beneath the labels, the monetary system is all one thing."
09.03.2025 18:14
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Why Basic Income (UBI) Is Cooler Than You Think — Phil Jackson @ BIEN Congress: — August 31, 2024
YouTube video by The Greshm Institute
Phil Jackson's Talk from BIEN Congress 2024: Why Basic Income Is Cooler Than You Think
"If automation is hurting people, then that has to mean that there is something wrong with the economy itself."
08.03.2025 14:34
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The Alchemy of Banking
Transmuting Promises into Money
Banks are in the business of "monetizing" debt.
01.03.2025 21:03
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Transactions
It Takes Two
It takes two (at least) to transact. If we want to wrap our heads around money and banking, we need to learn how to think in terms of transactions.
24.02.2025 20:00
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Four Ways to Pay
Representing Payment Types
New Post!
The four payment types are the fundamental building blocks for understanding all balance sheet operations.
23.02.2025 07:55
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