Residents of a homeless encampment under the 1st street bridge go about their daily lives in Los Angeles, Calif., on May 31. (Los Angeles Times) By now you’ve heard rumblings of the policy idea known as “universal basic income.” This is the notion that the government should give every citizen enough no-strings-attached money to cover basic living expenses.
In the last year alone, Mark Zuckerberg called on Harvard’s graduating class to “explore ideas like universal basic income,” Elon Musk told a gathering of world leaders in Dubai that “some kind of universal basic income is going to be necessary,” and […]
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