Lake Superior, Ellingson Island near Split Rock Lighthouse 4-21 to 4-22-2018 by Jim Schnortz. Used with permission.

Universal Basic Income with Universal Basic Assets

Could We Fund a Universal Basic Income with Universal Basic Assets? ( 119

Posted by EditorDavid on Sunday April 22, 2018 @03:34AM from the publicly-owned-infrastructure dept.
Universal Basic Incomes aren’t really the issue, argues Fast Company staff writer Ben Schiller. “It’s how you find $2 trillion to pay for it.” One answer may come in the form of “universal basic assets” (UBA). UBA can mean a fund of publicly-owned infrastructure or revenue streams — like Alaska’s Permanent Fund which pays residents up to $2,000 a year from state oil taxes. Or, it can mean actual assets that drive down the cost of living, like tuition-free education and free public broadband. There are lots of proposals going around now that fall into these two camps…

Entrepreneur Peter Barnes has called for the creation of a Sky Trust that would both limit the amount of carbon dioxide in the atmosphere and provide revenue from carbon taxes. These “carbon dividends” solve two problems at once: income inequality and climate change. He would also tax corporations for using natural resources, on the thinking that the atmosphere, minerals and fresh water around us represent a “joint inheritance.” He would also tax speculative financial transactions and use of the electromagnetic spectrum. The U.K. think-tank IPPR recently proposed a similar “sovereign wealth fund owned by and run in the interests of citizens.” It would finance the fund with “a scrip tax of up to 3% requiring businesses to issue equity to the government, or pay a tax of equivalent value,” sales of land owned by the U.K. monarchy, and higher inheritance taxes.

Blockchain can help. Blockchain technology could offer a way to divide publicly-owned infrastructure so it’s genuinely publicly-owned. We could issue tokenized securities in the assets around us giving everyone a stake in their environment. Then they could trade those tokens on exchanges, like they were cryptocurrencies, or use the tokens as collateral on loans.

Dogz… Branch Manager and Assistant

Doctors Tried To Lower $148K Cancer Drug Cost; Makers Tripled Its Price ( 145

Doctors Tried To Lower $148K Cancer Drug Cost; Makers Tripled Its Price ( 145

Posted by Editor David on Saturday April 21, 2018 @02:34PM from the bitter-pills dept.
Slashdot reader Applehu Akbar writes: Imbruvica, a compound that treats white blood cell cancers, has until now been a bargain at $148,000 per year. Until now, doctors have been able to optimize dosage for each patient by prescribing up to four small-dose pills of it per day.

But after results from a recent small pilot trial indicated that smaller doses would for most patients work as well as the large ones, its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors’ interest in smaller dosages to reprice all sizes of the drug to the price of the largest size. This has the effect of tripling the price for patients, and doctors have now put off any plans for further testing of lower dosages.
The researchers are retaliating by urging clinical investigators to test whether the expensive pill could be safely given every other day — and by calling on America’s public health regulators to investigate the drug’s pricing.

Drought Map for April 19th 2018

SW is worser ‘n worser…

Stallman on Facebook “Let them disappear”

Richard Stallman on Facebook…

“…they shouldn’t be allowed to collect data about people.

“We need a law. Fuck them — there’s no reason we should let them exist if the price is knowing everything about us. Let them disappear. They’re not important — our human rights are important. No company is so important that its existence justifies setting up a police state. And a police state is what we’re heading toward. Most non-free software has malicious functionalities. And they include spying on people, restricting people — that’s called digital restrictions management, back doors, censorship.

‘No Company Is So Important Its Existence Justifies Setting Up a Police State’

A conversation with legendary programmer Richard Stallman on the real meaning of “privacy rights” and why he only ever uses cash.

By Noah Kulwin

Gizzy Paid A Visit