American Economic Review Universal Basic Income

Universal basic income, or unconditional basic income, is described by The Basic Income Lab at Stanford as a “‘disarmingly simple idea’: give everyone cash, no strings attached, unconditionally and individually.” People and institutions with wide audiences often position universal basic income as a simple panacea to wealth inequality and pending Before the coronavirus struck, the American left and the Democratic Party found themselves debating two wildly ambitious policy schemes: the job guarantee and a universal basic income.The pandemic and the ensuing economic collapse have actually reinvigorated these borderline-utopian ideas: Pennsylvania and California are actively pursuing New Deal–style public-works programs, […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.