Matt Levine, Columnist

Basic Income and Blockchain Courts

Also 'hidden reserves,' hedge-fund criticisms, Treasury ideas and unicorns playing ping-pong.

May 5, 2016 at 1:14 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Bill Gross Investment Outlook.

There are a lot of different ways to advocate for a universal basic income: as a socialist-ish equalization of resources, as a libertarian-ish replacement for the welfare state, as techno-utopian social engineering for the coming robot-driven end of work. In his latest Janus Investment Outlook, Bill Gross is a little techno-utopian, but he also argues for the universal basic income as macroeconomic policy: helicopter-money UBI.