Why Basic Income Makes No Sense

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After having read my last post , a friend mentioned that basic income’s purpose had never before been clearly articulated to him. This is hardly surprising. People are confused about basic income. They’re confused about what it is and what it’s for.

It bears repeating that basic income is a regular income unconditionally paid to every person. Basic income solves the problem of how to get spending money to consumers. It’s pretty straightforward. So why do we have so much trouble making sense of it?It certainly doesn’t help that most of the experts are confused too. In 2017, Intelligence […]

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