Why universal basic income will fail

By Akhil Patel It has become popular to suggest a Universal Basic Income (UBI) as a solution to growing inequity. But in its current form UBI will be a total failure. Not because the idea is a bad one, but because it ignores the law of economic rent. The idea of a UBI...

HomesVic: An equity share of a broken housing market

Like most 30 somethings with a substantial HECS debt and an addiction to avocado on toast, I am an aspiring first home buyer. I’d love to buy the home I currently rent: a daggy 1960’s ‘six-pack’ flat on a main road in Footscray. It’s currently valued around $360,000....

Introduction to Modern Monetary Theory

An Introductory Course in Modern Monetary Theory When: Monday, January 16 & 23 Time: 6:30pm Where: 64 Harcourt St, North Melbourne Cost: Free Registration: email office@prosper.org.au Do you understand the monetary system? Want a deeper understanding of...

See I, Daniel Blake, talk about I, Daniel Blake

When: Wednesday, 23rd November 6pm Where: Lido Cinemas, Hawthorn Tickets: $15  Join us for a screening of Ken Loach’s Palme D’Or winning drama, I, Daniel Blake, at Lido Cinemas Hawthorn Wednesday 23rd at 6pm. Set in contemporary Britain, the I, Daniel Blake describes...