A universal basic income is still a terrible idea

A universal basic income is still a terrible idea

Opportunists across the political spectrum have been emboldened by the current crisis to propose all manner of terrible ideas.

And among the worst is the universal basic income — a payment to all citizens, unconditional on income or wealth, without any obligation to be in work or study.

Supporters have seized on the government’s pandemic JobKeeper scheme as evidence we’re finally ready to embrace a UBI.Of course, fans see it as a panacea in good and bad times alike.In good times, it’s the supposed solution to virtually all economic, ecological, and social ills . And in the current crisis, they argue […]

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