Pros and Cons of Universal Basic Income

Pros and Cons of Universal Basic Income

Universal basic income, or UBI, is a modern-day concept under which the government distributes cash payments to all. This concept has been around since Thomas More proposed a basic income to everyone in Utopia , written nearly 500 years. Once a radical plan, UBI has its advocates from the political left and right in the US, and globally.

From then to now, many people, from Thomas Paine to Andrew Yang , have been closely associated with UBI in various forms.

Two past efforts of universal basic income stand out. “The Freedom Budget For All Americans” Dr. Martin Luther King Jr. worked […]

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