Georgia is the latest state to experiment with what’s called a “guaranteed basic income.” It will be interesting to see whether these pilot projects can avoid the same pitfalls as the welfare system they are meant to complement – and whether it might be better to simply replace it.
The principle of Guaranteed Basic Income is that there should be a minimum level of income for all Americans. Those who do not live up to what they earn from their work would receive a taxpayer-funded monthly supplement.
Guaranteed Basic Income programs have been tried in places from Mississippi to California. Two […]