I didn't realize that the biggest supporter of UBI in the US is the ex-leader of the Service Employees Union. Guess i will have to read that book next. Have Agars 'Humanities End' to tackle next..
http://www.alternet.org/economy/universal-basic-income-solves-robots-taking-jobs
and a write-up on why the elites don't get the Brexit drama right..
http://www.bloomberg.com/view/articles/2016-06-24/-citizens-of-the-world-nice-thought-but
They failed, because as the blogger Epicurean Dealmaker pointed out on Twitter, “Markets distill the biases, opinions, & convictions of elites,” which makes them “Structurally less able to predict populist movements.”
That seems to be way off. Prediction markets reflects the opinion of those who enter in the market. AFAIK there's no barrier to the lower income strata of the popoluation. Polls also failed to predict the result, so I would say that it was not a structural failure of the markets.
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