Proposals for various kinds of UBI programs have been kicking around for literally hundreds of years, with some of them endorsed by a surprising range of writers and thinkers. With globalization and automation eliminating whole classes of work and driving down labor force participation rates to levels unseen since the late 1970s, the idea seems newly relevant. Might a UBI save us from the worst consequences of worklessness?
The answer, unfortunately, is no — and not primarily because it’s hard to imagine anything like it getting passed in the nation’s capital at a time when Republicans control all the levers […]
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