Finland's Basic Income Experiment Starts - Really, It's Testing The Laffer Curve For Poor People
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I'll admit that I'm interested--both in that the experiment is being done which is a nice change for policy ideas, to check they work, and also because I think it will work well. However, what I think will be a much more important lesson is that the Laffer Curve really works.

No, stop, it does not mean that all tax cuts pay for themselves. It just means that there are tax rates which, if you lower them, produce more revenue, just as there are other rates which if you raise them they produce more revenue. And one of the mechanisms by which this works is that at higher wages (and wages which attract lower taxes are indeed higher to the recipient) people will work more. This idea is generally thought of as applying only to rich people--I do not, I think that it applies to human beings.

A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich