Is Universal Basic Income the Answer to Automation?

Is Universal Basic Income the Answer to Automation?

Photo by Photos Hobby on Unsplash It would be strange for people to hear that Milton Friedman, one of the greatest and well-known conservative economists, advocated for universal basic income.

Also, Austrian economist Friedrich Hayek, a major advocate of free-market economics, was a supporter of a minimum basic income.

But why?First and foremost, these were great economists who were attached to human principles and not ideals. If some ideas were better for humanity, they were willing to accept them. They didn’t subscribe to a black and white method of thinking of the world.We must explore why universal income is becoming necessary […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.