Concordia University

(THE CONVERSATION) – Philosophers, economists and other academics have long discussed the idea of "basic income" an unconditional monthly check from the government to every citizen, in an amount at least high enough to cover all basic necessities. Recently, this idea has gained some political traction, even among conservative parties but early tests in both Finland and Canada are shutting down, with officials saying they’re too expensive.

One reason this idea has caught politicians’ attention is the fear that large-scale automation will soon put many people out of work permanently, even as economic growth continues. (Truck and taxi drivers […]

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4 months

juice

As badly written articles go, this one is… quite badly written. Where to start?First, the entire article is based on the strawman that a basic income policy is only intended to address a shrinking job market. However, there’s far more to it than that: not only does it reduce inequality and poverty (pleasing the left) and reduce government bureaucracy overheads (pleasing the right), but it also leads to more entrepenureal activity (pleasing both). After all, if you have a guaranteed economic safety net, you’re free to experiment and take risks that would be unthinkable otherwise. […]

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