Universal Basic Income is Not the Answer – Eccentric Economics

Universal Basic Income is Not the Answer – Eccentric Economics

Shanty town poverty poor As of late, the concept of a universal basic income has been the subject of much discourse. Contrary to what one may expect, the proposal is supported by both the left and the right, and even among those in libertarian circles.

At first, I was vehemently against the government implementing a universal basic income. It is nothing more than an allowance granted to its subjects to ensure they have a financial cushion and a fallback in order to combat the effects of poverty, and to ensure individuals have income from the impending automation takeover from technological […]

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