The idea of the government paying everyone a guaranteed minimum income is nothing new. The philosopher Thomas More proposed the idea in the early 16th century and civil rights icon Martin Luther King Jr. was a proponent in the late 1960s.
The concept has gained currency in recent months thanks to its promotion by two tech-company titans: Mark Zuckerberg of Facebook and Elon Musk of Tesla. They have argued that a universal basic income would help address the job losses caused by technological advances, such as artificial intelligence and increasing automation.
A truly universal basic income is appealing in its simplicity. […]
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