Photo by rawpixel.com on <a href="https://www.pexels.com/photo/person-holding-pink-piggy-coin-bank-1246954/" rel="nofollow">Pexels.com</a> In my last article I gave the arguments in favour of Universal Basic Income (UBI). These were – security and independence, improving labour markets, use of the money not being as reckless as you might think, equity, simplicity, and UBI as an insurance policy.
I also listed briefly the arguments against UBI that will be the focus of discussion in this post. These are: equity (or lack thereof), monetary cost, opportunity cost, and the lack of consensus in how UBI would be implemented.
As a reminder, UBI is a lump of cash paid to […]
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