Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, is a big fan of Universal Basic Income. Aaron P. Bernstein/Reuters
Does free money change nothing or everything?
Universal basic income (UBI) is the hottest idea in social security since Franklin Roosevelt signed the New Deal in 1935, and it is fairly understood as free money given to citizens by their government. Though the idea traces its roots back to the 16th century as a “cure for theft,” UBI has gained new consideration and momentum these days, as high-profile techno-doomsayers like SpaceX founder Elon Musk point to […]
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