The Universal Basic Income’s Past and Future in Brief

The Universal Basic Income's Past and Future in Brief

In 1967, Martin Luther King, Jr. wrote, "I am now convinced that the simplest approach will prove to be the most effective – the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income." He was right. It is obvious that the simplest solution to poverty is a direct, unconditional, universal basic income paid out equally to all citizens. Such a payment prevents any given citizen’s income from falling below that point. And it was widely discussed at the time. But this was not the first time that it had been so […]

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