Basic Income 101

The July 2017 edition of Reason magazine contains a fascinating article by Jesse Walker that provides a comprehensive history of Basic Income: from the concept’s murky beginnings in 1795 to contemporary experiments in unconditional transfers and similar initiatives by governments and NGOs around the world. The ASI has championed the (virtually identical) idea of a Negative Income Tax since the 1970s, and the number of supportive voices for such schemes has grown significantly in recent years.

European countries such as Finland and the Netherlands are in the early stages of basic income experiments, but the most dramatic tests of the […]

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