Creative Director, The Cameron Journal Cameron Lee Cowan is the author of several books, political commentator, and observer of culture.
The article explores the history and impact of banks. From ancient Babylon's grain deposits to the Medici family's influence, it traces the evolution of banking. It discusses the role of banks in modern economies, their power, and the challenges posed by financial crises.
UBI rose with Yang's 2020 campaign, suggesting $2,000 monthly per adult. Pandemic stimulus checks and existing models like Alaska's dividend bolstered the idea. While debates persist, UBI aims to curb poverty and inequality amid evolving work and economic landscapes.
