There are any number of arguments about why we should have a system of a Universal Basic Income, a UBI. There are those who worry about the robots coming to steal all our jobs for example, what are the workers going to do without a job nor an income? Those fears are massively overblown but there is still an argument in favour of the UBI–it’s a more efficient manner of alleviating poverty. It is this point which Arvind Subramanian is making here : Universal Basic Income (UBI) will be a better option than welfare schemes rolled out by Union […]
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