Universal Basic Income will destroy incentive to work

Universal Basic Income will destroy incentive to work

Universal Basic Income has been getting increasing attention recently. Not only from those kind people with a genuine, if sometimes misguided, concern for the less successful in society. But also from wealthy, successful people who should know better. What is a Universal Basic Income and why is it receiving attention now?

The idea of a basic income for all the citizens of a country as a “right”, has been bounced around for years, it was one of the basic ideas of communism. The idea that everyone should have an equal share of the economic pie.

We only have to look at […]

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