There is a Chinese saying 授人以鱼不如授人以渔 ( shòu rén yǐ yú bùrú shòu rén yǐ yú) that basically means teaching someone to fish is better than giving someone fish. I would argue however, that for a starving man, without first getting nourished on fish, that lesson in fishing would be a gratuitous, superfluous offering. This is the fundamental tenet of Universal Basic Income (UBI), to provide a guaranteed basic income for every individual who needs it, so that basic subsistence types of considerations will no longer hold back any individual’s potential or hinder his or her pursuit of a […]
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