Basic income and the technological transition

Basic income and the technological transition

Lately there has been some renewed discussion of the concept of "basic income" — an unconditional flat-amount regular payment from the government to each citizen, guaranteeing a minimal level of income below which no one can fall. The Washington Post has a good discussion of the idea here .

The unconditional nature of the payments is an important part of the concept — everyone gets the same, whether it’s a homeless person or a wage employee or Mitt Romney. This would eliminate the most persuasive conservative objection to similar but means-tested schemes — the claim that they would create a […]

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