Hicks: Thoughts on the universal basic income

Hicks: Thoughts on the universal basic income

The notion of a universal basic income is quite popular these days, and is undergoing pilot tests in a few countries. The idea has created some strange bedfellows as support develops, and there are both practical and philosophical problems with it. Still, I think UBI is a provocative idea that everyone should consider with an open mind. Let me explain.

Universal basic income is a social welfare program, which, at its most basic level, would pay every citizen a basic stipend sufficient to remain above the poverty level. There would be no means testing, everyone would get this amount. The […]

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