A cover story in this week’s New York Times Magazine says "a universal basic income might be right for you, me and everyone else around the world too." Is it? Proponents of the idea – the government paying everyone a monthly stipend – argue that it would help cushion against the predicted automation of jobs and give citizens latitude to take risks in the job market. But others argue that a guaranteed income would take away the incentive to work, waste money on those who don’t need it, and actually benefit the rich at the expense of the poor. […]
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