Can you be rich in a universal basic income economy? Is UBI the answer to wealth inequality?

Let me tell you a story.

A professor invites his best student to go on a field trip for a study he is working on. They go far away to a beautiful place, there is a hut, a family, which has a basic universal cow. They ask the family how they live and the family explains they have a universal basic cow economy. Cow provides milk, they make cheese with it, sell it in town to make a comfortable universal simple basic living.

On their last day, the professor and his student must leave very early (before the family gets up) […]

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