Toggle light / dark theme

Income inequality in the United States has risen sharply in recent years and continues to get worse. Widespread unemployment is becoming imminent, as more and more traditional jobs are replaced by technology and automation. Without serious intervention, we could face massive increases in poverty and civil unrest in the years ahead.

A guaranteed Basic Income, which would directly provide all Americans with enough money each month to live on, would both end poverty in the US and shift our economy to one that doesn’t require full employment. It’s a simple program that could save us from the looming economic crises.

It’s time for the federal government to create a social safety net designed for the 21st-century. We’re calling on President Obama and members of the United States Congress to enact a Basic Income for all Americans.

Read more

The global space economy is growing, generating more than $300 billion a year in space-related activities, and attracting new, diverse participants and investors. A recent study also found more private money invested in commercial space development in 2015 than in the previous 15 years combined.

NASA has selected six new research proposals to understand the effective drivers of investments in the space economy.

In its second call for economic studies related to investments in the space economy, the agency picked studies that cover topics ranging from in-space manufacturing in low-Earth orbit (LEO) to the economics of resources obtained from near-Earth objects (NEO), such as asteroids.

Read more

The Japanese government is considering giving away money ‘vouchers’ to poor young people to boost consumption, according to reports.

Following the examples of Finland, Canada and the Netherlands, Japan is considering the introduction of basic income, a tax-free income, after recent surveys showed that under-34s in Japan have cut spending by 11.7 per cent year on year.

Proponents of basic income say that not only does it reduce financial poverty but it has a number of other benefits, such as rewarding unpaid activities not recognised as economic contributions (parenting, for instance).

Read more

New Zealand could become one of the first developed countries to scrap benefits and introduce a basic citizens’ income.

Leader of the opposition Andrew Little said his Labour party was considering the idea as part of proposals to combat the “possibility of higher structural unemployment”.

Citizens’ income, also known as Universal Basic Income (UBI), involves a basic, unconditional, fixed payment made to every person in the country by the state in lieu of benefits.

Read more

Eco handshake.

“Misinterpreting signals to make them consistent with a pre-determined outcome is, psychologists tell us, a common phenomenon in human nature. Unfortunately, it is also a frequent dynamic in modern financial markets, particularly when it comes to sustainability.”

Read more

The United States is transitioning from a primary reliance on fossil fuels to greater use of sustainable natural and nuclear energy sources. There are two reasons for this transition. The first reason is that the abnormally high and increasing level of atmospheric carbon dioxide has created scientific uncertainty and concern as to the detrimental impact this may have on the environment and, consequentially, human civilization. Almost certainly, this abnormal level is due to anthropogenic causes linked to the tremendous expansion in the human population since the early 1700s, the growth of human civilization (e.g., agriculture and industrialization), and the increasing use of fossil fuels. Although fossil fuels have enabled worldwide progress in elevating the standard of living, most of the world’s nations have reached the conclusion that the world should transition entirely to sustainable energy by 2100 (see “The Paris climate agreement and space solar power”, The Space Review, February 29, 2016). It is, however, very important to manage this transition carefully to avoid economic hardship or energy deprivation.

While the United States has large remaining fossil fuel resources, only some are technically recoverable with current safe, legal, and profitable extraction methods. The remaining known and yet-to-be-discovered domestic technically recoverable fossil fuels are inadequate to sustain US fossil fuel energy needs to the end of this century, especially given likely continued immigration-driven US population growth (see “US fossil fuel energy insecurity and space solar power”, The Space Review, March 7, 2016). While the United States has an ethical environmental obligation to end its use of fossil fuels by the end of the century, the reality of having inadequate oil and natural gas resources makes the urgency of transitioning successfully to new sustainable energy sources a clear matter of national energy security. This warrants federal government leadership and strong American private sector engagement.

Unfortunately, due to its large and growing population and per capita energy needs, the United States lacks sufficient suitable land to utilize terrestrial renewable energy to replace fossil fuels. (see “US terrestrial non-fossil fuel energy vs. space solar power”, The Space Review, March 14, 2016). While the United States will utilize terrestrial domestic renewable energy to the extent it is politically acceptable, many factors will likely limit their scale-up. The expansion of nuclear fission energy is also not a satisfactory approach, given the large number of reactors needed. These factors lead to the conclusion that only space-based sustainable energy, such as space solar power, will enable the United States to practically transition away from fossil fuels.

Read more

You may think I’m biased when I say investments in innovation across the space industry are growing, but the proof is all around us.

Growing by nearly 10 percent in just one year, the global space economy has reached a total of $330 billion worldwide, according to a 2015 Space Foundation report. Specifically, commercial space activities grew by 9.7 percent in 2014, while government investments in space saw a combined growth of 7.3 percent. And the part of space that’s most visible to us — rocket launch attempts — also increased from 81 attempts in 2013 to 92 in 2014.

These are promising statistics, and we’re seeing this growth in investment firsthand as we’ve witnessed some pretty incredible accomplishments throughout the industry over the past year.

Read more

Israel must remain on the cutting edge of cyber-defense, –security and –technology in order to maintain the safety and security of the state, Prime Minister Benjamin Netanyahu wrote in Globes on Sunday.

In the article, Netanyahu outlined his vision, policies and initiatives aimed at arming the Jewish state with the latest in “cybernetic innovation.” According to the Israeli leader, “Cyber defense is an essential condition for national security and economic growth in the 21st century,” and Israel’s strength in the fields of science and technology is leading the country to be one of the world’s greatest “cyber security power.”

“Five years ago, I set the goal of making Israel one of the five leading global cyber powers. We are already placed very high, and the world regards us as a rising power. Enhancing our capabilities in the cyber field requires continuous effort,” Netanyahu wrote.

Read more