William Longbrake

Why Harley-Davidson Isn't Alone in Overseas Shift

SMITH BRAIN TRUST – When Harley-Davidson announced this week it would move some production overseas to weather the increased costs posed by the European Union’s retaliatory tariffs, the announcement was pretty stunning. 

How could the iconic American motorcycle maker, a symbol etched into the American consciousness from films like “Easy Rider,” “Pulp Fiction,” “Terminator 2” and “Every Which Way But Loose,” manufacture anywhere else but the U.S. of A? To some people, the decision seemed almost unpatriotic.

Should Everyone Receive a Basic Income?

At a time when robots and other forms of automation appear poised to edge out wide swaths of the global workforce, several pilot projects and at least one documentary film are exploring the idea of universal basic income – free money for everyone, enough to cover basic expenses. It's a big idea that dates back at least to 1795 in the United States, with revolutionary activist and author Thomas Paine. Martin Luther King, Jr. touted its merits in the 1960s, as did libertarian economist Milton Friedman, who lauded the virtues of a negative income tax. In 1971 President Richard Nixon wrote a proposal along those lines. But the notion of universal basic income has perhaps never been as relevant around the world as it is now, say experts. Read more...

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