Why Universal Basic Income is a bad idea

Why Universal Basic Income is a bad idea

The people have been demanding a more just economic system forever, but they aren’t marching for Universal Basic Income. BOSTON ( Project Syndicate) – Owing to the inadequacy of the social safety net in the United States and other developed countries, proposals for a universal basic income (UBI) are gaining in popularity. The gap between the rich and everyone else has expanded significantly in recent years, and many fear that automation and globalization will widen it further.

To be sure, if the only choice were between mass impoverishment and a UBI, a UBI would be preferable.

Such a program would allow […]

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