A shrinking middle class, widening income inequality, and the prospect of technology displacing millions of American workers over the next two decades have a growing number of policymakers exploring programs to address the myriad socio-economic challenges these trends present. One idea that surfaces time and again is to provide funds to individuals, without condition, without means testing, and without work requirements or any other stipulations, to help cover basic life needs. Scholars, elected officials, and beyond are exploring the possibilities of a universal basic income. The concept, known widely as Universal Basic Income (UBI), has a long history but […]
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