The net costs of a universal basic income (UBI) are lower and the financing options are much more extensive than UBI sceptics typically acknowledge. Needed now is open-minded scrutiny and informed debate about the various routes forward and their social, economic and political implications.
Many people believe that a UBI scheme would be unaffordable. But before issuing such verdicts we have to be clear about the scheme’s scope and design, and we have to consider all viable financing options.
A UBI can be phased in by limiting eligibility initially (eg starting with adults earning less than a specific amount), […]
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