Andrew Yang #704

Andrew Yang #704

The What Matters Most podcast revisits host Paul Samuel Dolman's conversations with universal basic income advocate and former presidential candidate Andrew Yang.

Show notes

I love Andrew Yang and his appearances on What Matters Most. Given that several of his policies from the campaign have now become more mainstream, especially his Universal Basic Income, I thought it would be smart to go back and revisit this exchange we had as he was first launching his brilliant campaign.

Andrew Yang is a political commentator, entrepreneur, lawyer, and philanthropist. Originally a corporate lawyer, Yang began working in various startups and early stage growth companies as a founder or executive from 2000 to 2009. In 2011, he founded Venture for America (VFA), a nonprofit organization focused on creating jobs in cities struggling to recover from the Great Recession. He then ran as a candidate in the 2020 Democratic presidential primaries.

The son of immigrants from Taiwan, Yang grew up in New York. He attended Brown University and then Columbia Law School. Dissatisfied with his work as an attorney, Yang began working for various startups during the dot-com bubble before spending a decade as an executive at test preparation company Manhattan Prep, which was acquired in 2009. In 2011, Yang founded VFA, which recruits top college graduates into a two-year fellowship program at startups in developing cities across the United States. The Obama administration selected him in 2011 as a "Champion of Change" and in 2015 as a "Presidential Ambassador for Global Entrepreneurship". Yang left VFA in 2017 to focus on his presidential campaign. In 2018, he authored The War on Normal People, which outlines several of his campaign's central ideas.

On November 6, 2017, Yang filed with the Federal Election Commission (FEC) to run for President of the United States in the 2020 election. Yang's campaign largely focused on responding to the rapid development of automation, which is increasingly leading to workforce challenges and economic instability in the United States.

His signature policy is the "Freedom Dividend," a universal basic income (UBI) of $1,000 a month to every American adult, a response to job displacement by automation, one of the primary factors that he claims led to Donald Trump's election in 2016. Considered a dark horse candidate throughout much of the primary, Yang received significant popularity online, with The New York Times calling him "The Internet's Favorite Candidate".

News outlets described Yang as the most surprising candidate of the 2020 election cycle, going from a relative unknown to a major competitor in the race. Yang qualified for and participated in seven of the first eight Democratic debates, and has been credited with elevating discussions on UBI, automation, and autism to the national level, as well as for engaging Asian Americans in presidential politics.

Yang's campaign was noted for its happy-go-lucky and "tech-friendly" nature. His supporters, informally known as the "Yang Gang", included several high-profile celebrity endorsements and were noted for their ideological and political diversity. Yang suspended his campaign on February 11, 2020, shortly after the New Hampshire primary, pledging that he and his movement are "just getting started." On February 19, Yang joined CNN as a political commentator. On March 5, Yang announced the creation of the nonprofit organization Humanity Forward, dedicated to promoting the ideas he campaigned on during his run.
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