Great conversation. I think UBI is an excellent policy actually because it is a direct policy of Strategic Monetary Gifting which IMO is the new monetary paradigm…that simply needs better elucidation and further policy application to make it apparent. My book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies is a still evolving policy program and philosophical exegesis that encompasses MMT, Keen’s critique of neo-classical macro and his accounting software and Michael Hudson’s historical analysis of Debt’s impearically destabilizing effects.

My book is actually an innovation and extension of C. H. Douglas’ Social Credit. Douglas’ awareness that money creation was basically accounting, his policies of a universal dividend and of a compensated retail discount predated MMT, UBI and my suggested key policy of a 50% Discount/Rebate at retail sale. Social Credit was a world wide movement before WW II distracted everyone and everyone basically forgot about after the war and enabled Keynesianism which was indeed insightful, but still a palliative that the banks and oligarchs were able to game and obfuscate. Meanwhile Social Credit kind of morphed into a Christian cult instead of becoming a paradigm change centered around the temporal universe policy application of the natural philosophical concept of grace which is what my book Wisdomics-Gracenomics is attempting to do.