In 2018, I started having conversations with people about the practical considerations behind a Universal Basic Income (UBI) and similar policy ideas. This led me to discover the work of Alex Howlett and Consumer Monetary Theory (CMT).

CMT is a framework for understanding money as a standard of value, and how tokens representing this standard grant people access to the economy's goods and services. CMT aims to provide sound macroeconomic answers to questions that have emerged around proposals for a basic income.