Universal Basic Income: Some Math

Universal Basic Income: Some Math

Right up front: on ideological grounds, the Universal Basic Income annoys me. But on a practical level… it’s probably coming. The combination of the re-rise of socialism, despite it’s utter failure in the Soviet Union and China and Venezuela and Cuba and every damn where, with the likelihood of automation rendering most people simply obsolete, makes something like the UBI probably inevitable. So, if it’s inevitable, the best thing to do is to try to make it make sense.

First, some numbers.

The population of adults in the United States : 125.9 million women, 119.4 million men = 245.3 million. About […]

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