In the May 23, 2017 edition of Basic Income News , Karl Widerquist laments the tendency of some basic income commentators to overstate the cost of a basic income. The typical methodology used to generate these overestimates is as follows:
> Obtain the population of the jurisdiction which will implement a basic income
Obtain the amount of the basic income provided to each person in that jurisdiction Multiply the number in “a” by the number in “b” The product referred to in “c” is the cost of a basic income As Widerquist points out, the reason this is an […]
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