Investopedia: The Long, Weird History of Basic Income – And Why It’s Back

By David Floyd | Updated April 24, 2017 — 6:00 AM EDT

Thomas Paine, Napoleon and Martin Luther King don’t have much in common at first glance. Nor do socialists and libertarians – or Finnish bureaucrats and Silicon Valley tycoons. Some policies have a habit of creating strange bedfellows, but none more so than the idea that governments should guarantee their people a minimum level of income. Not by creating jobs or providing traditional welfare, but by cutting checks, for the same amount, to everyone.

Universal basic income is an old idea, but in recent years it has gained considerable momentum. […]

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