Andrew Yang’s basic income plan permits Americans to fail. And that’s a good thing

This is readily apparent in the venture capital ecosystem: VCs make lots of bets with the hopes of landing at least a few runaway successes to cover their losses and provide more capital for more investments. The still relatively young VC industry has birthed some of the greatest innovations of our time, including iconic companies like Apple, Tesla, and Google. To enjoy the free time, financial and psychological safety net, as well as the invisible capital required to build the next Facebook—that is a luxury indeed.