Though noble, UBI is part of a problem rather than a solution
Set against the backdrop of chaotic 16th century European political affairs, Thomas More’s Utopia imagined a perfect island paradise which provided adequate means of sustenance to all inhabitants. Though the self-contained community he envisioned only vaguely hinted at the notion of a Universal Basic Income (UBI) — a direct cash payment from government without exacting requirements — More is often incorrectly credited as the father of a provision to the poor.
Centuries later, another historical distortion attributed UBI to Thomas Paine. Yet it was English radical political activist […]
Full Post at www.chicagocontrarian.com