Is Newark’s big push towards universal basic income too expensive?

Reason.com managing editor Peter Suderman on how New Jersey’s largest city plans to test a universal basic income program.

Newark, New Jersey Mayor Ras Baraka is the latest Democratic leader to flirt with the idea of universal basic income (UBI).

Last week, Baraka announced his decision to create a task force and pilot a program to study whether UBI would work in New Jersey’s largest city.“We believe in Universal Basic Income, especially in a time where studies have shown that families that have a crisis of just $400 a month may experience a setback that may be difficult, even impossible to […]

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