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Teaching: The most embattled profession

Education correspondent Emily Hanford talks with bestselling author Dana Goldstein about her new book, The Teacher Wars.

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in collaboration with Spotlight on Poverty and Opportunity

Pay people for any and all net benefits they produce

File under: other, income

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From: Larry M., Chapel Hill, NC

The kind of money we have now, physical object money, or POM for short, is replaced by computerized accounts. The winner-take-all model of market competition is replaced by an ingenious principle -- you get paid for anything that produces a net benefit. Money is added to your account when the benefit has occurred. So if you help your neighbor move her sofa, you get paid when it's upstairs. If you help build a bridge across a river, your pay begins when the bridge opens, and you get periodic payments as long as it's in use. Of course building a bridge can take years. How do you live until it's done? Necessities like plain-but-wholesome food, a decent place to live, basic clothing, and medical care are all free.

The complete solution is fully described at http://www.nopom.info. We can completely eliminate poverty within two years of the solution being put in place. As side benefits, the solution also eliminates unemployment, inflation/deflation, debt, taxes, organized crime, and the boom/bust business cycle. Further advantages include substantial reductions in discrimination, pollution, and crime.


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American RadioWorks |
Library of Congress

Teaching: The most embattled profession

Education correspondent Emily Hanford talks with bestselling author Dana Goldstein about her new book, The Teacher Wars.

Recent Posts