Basic Income Madness

Basic Income Madness

California’s legislative analysts and Capitol staffers do a remarkably thorough job summarizing proposed bills in their publicly available reports, but it’s still unusual to see them cite the work of free-market economists. It’s obvious why. Almost every new measure emanating from our progressive Legislature would expand the size of government and limit the role of the private sector.

In its report on legislation to create a “universal basic income” (UBI), the Assembly Committee on Human Services quoted from Stanford University’s Basic Income Lab. Such proposals “were very much alive in the early second half of the 20th century — including […]

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