Universal Basic Income Is a (Costly) Socialist Pipe Dream
All the attempts to implement it have been abandoned on cost grounds
Universal basic income has had a phenomenal year in 2018 when it comes to publicity. Silicon Valley billionaires, academics, and leftist politicians are raving about the brilliant new scheme, which we are told will prevent a Social Darwinist dystopian future in which average Joes everywhere stand to lose their low-functioning blue collar jobs to the grave perils of automation.Mark Zuckerberg, Facebook CEO and one of the three wealthiest individuals in the world, is a big fan. He […]
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