Can Universal Basic Income Achieve Economic Security?

Can Universal Basic Income Achieve Economic Security?

A wealthy country like the United States needs a solution for improving the supply and fairness of work overall. Is universal basic income the way to go? The complexity of the contemporary economy means that policies for economic security are among the most significant decisions a state can make. Indeed, the largest and longest-lasting policy to emerge from the New Deal legislation during the Great Depression is dubbed Social Security, a state-managed old-age pension.

Lightly-regulated capitalism leads to boom-bust cycles. And these cycles threaten the livelihood and survival of the poor in times of crisis, such as the Great […]

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