Is it time for us to break up with GDP?

By: Lawrence Zhang How do we measure the economic well-being of a country?  Despite the popularity of the Gross Domestic Product (GDP) as the end-all-be-all measure of economic activity, many would argue that GDP is far from the best way to measure economic well-being. From news reports, to speeches by politicians, to international publications, GDP […]

Exploring Alternatives to the Universal Basic Income

Andrew Abballe and Jonathan Kates If you’ve been following any discussion of 21st century economic adaptation, you’ve likely come across the term “universal basic income” (UBI).  This is the concept that every person in a given jurisdiction will receive a minimum weekly or monthly payment, regardless of how much they work, or any income they […]