Universal Basic Income Fails to Get to the Root of Urban Poverty By Charles Blain is the founder and executive director of Urban Reform, a Houston-based non-profit focused on free-market solutions to urban issues. In an effort to reduce poverty in their cities, eleven mayors have agreed to guarantee a basic income for the more than 5 million people they collectively represent. While the policy has good intentions, it’s far from the most effective way to eliminate poverty in America’s cities and, in the long-term, it could have unintended consequences on the exact people the mayors hope to help. […]
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