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Kasparov63's profile
Garry Kasparov
Garry Kasparov
Garry Kasparov
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@Kasparov63

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Garry KasparovVerified account

@Kasparov63

Join RDI! @Renew_Democracy. Chairman of the Human Rights Foundation (@HRF). Author, speaker, 13th World Chess Champion https://www.facebook.com/GKKasparov 

New York
kasparov.com
Joined December 2011

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    Garry Kasparov‏Verified account @Kasparov63 15 May 2020

    The Covid-19 crisis has turned Universal Basic Income (UBI) from a theory into reality in an instant, but without the AI automation & productivity to pay for it. @tylercowen and I write about what this means for the future of the controversial policy.https://www.bloomberg.com/opinion/articles/2020-05-15/coronavirus-is-making-universal-basic-income-look-better?sref=htOHjx5Y …

    9:23 AM - 15 May 2020
    • 171 Retweets
    • 525 Likes
    • Hyderabadi Francisco ∞ keivan For The Ewoks ≥ 🍎🧢⬆️ YoureWatchingBTV🧢 cliff smith The Duck Not Given Cedric
    25 replies 171 retweets 525 likes
      1. New conversation
      2. Garry Kasparov‏Verified account @Kasparov63 15 May 2020

        This crisis shows that people want to work even if paid not to, a good sign for the viability of UBI. But just as there are no atheists in foxholes, there are no deficit hawks in a pandemic. Paying for it in a post-Covid-19 world is the issue.

        14 replies 26 retweets 117 likes
        Show this thread
      3. Garry Kasparov‏Verified account @Kasparov63 15 May 2020

        Politicians rushing to entrench crisis policies like UBI are acting irresponsibly. You can't redistribute what you don't have. Building a dynamic economy that allows people to keep climbing is at least as important as building a safety net for those who fall.

        12 replies 21 retweets 105 likes
        Show this thread
      4. Garry Kasparov‏Verified account @Kasparov63 15 May 2020

        People are also encouraged to try more ambitious feats, to risk failure, if they know a fall will not be fatal. The key is to know a net is there without stretching and breaking it. My article on UBI with @tylercowen:https://www.bloomberg.com/opinion/articles/2020-05-15/coronavirus-is-making-universal-basic-income-look-better?sref=htOHjx5Y …

        6 replies 38 retweets 95 likes
        Show this thread
      5. End of conversation
      1. r2no‏ @r2no2 15 May 2020
        Replying to @Kasparov63 @tylercowen

        Even just temporarily.. geez

        0 replies 0 retweets 3 likes
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      1. R. A. LAINE‏ @RaUL_AMDERLAINE 15 May 2020
        Replying to @Kasparov63

        pic.twitter.com/k7sxF9LSyV

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        0 replies 1 retweet 8 likes
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      1. New conversation
      2. That Vaccinated Karen‏ @KarenVaccinated 15 May 2020
        Replying to @Kasparov63 @tylercowen

        Capitalism is the best economic system for humans, BUT there needs to be a floor (Basic Income?) for everyone so when they lose the game of Capitalism, they still have a home, food and medical care and a pension in old age. Then we can let the capitalists go nuts. Win win

        2 replies 4 retweets 11 likes
      3. POLITICO (person with strong political views)‏ @POLITICOit 15 May 2020
        Replying to @KarenVaccinated @Kasparov63 @tylercowen

        Wait. If someone needs "a home, food, medical care and a pension in old age" why do you want to give her $1,000? Shouldn't we give her a home, food, medical care and a pension in old age?

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Brian‏ @NEpats86 15 May 2020
        Replying to @Kasparov63 @tylercowen

        It is coming. Republicans might hate it. But they are known for tax cut and spend. They are up more debt than the Democrats.

        0 replies 0 retweets 1 like
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      1. Bob Skylstad‏ @BobSkylstad 15 May 2020
        Replying to @Kasparov63 @tylercowen

        Overdrawn conclusion Garry. This is simply proactive Keynesian economics. We can should rely on free markets and pricing signals to drive our economy. But when the economy breaks, whatever the cause, we need Government intervention. This is just voltage to the economic heartbeat.

        0 replies 0 retweets 2 likes
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      1. walter von shambibble, rosen replier‏ @shambibble 15 May 2020
        Replying to @Kasparov63 @tylercowen

        universal basic income is when the government gives people money and the more its based on past employment or tax returns and never revisited outside of that one time the more universaler and basicer it is

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