Image source: Pixabay The primary argument for a government-provided basic income is that it will make those with low incomes better off, by increasing their financial resources and by allowing them to negotiate for better jobs. But the extent to which this conclusion holds true will depend on individual circumstances of the recipient, and what other adjustments happen in response to a basic income. For example, what happens if a basic income is counted as “income” and eligibility for other public support is correspondingly reduced? What happens if firms, recognizing that lower-income workers have an alternative source of support, […]
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