The Cost of Free Money

The Cost of Free Money

It would be nice if someone ran a serious test of universal basic income—give a lot of people significant money for, say, three years. Would people still work? (Vyacheslav Dumchev/Getty Images) @JohnStossel John Stossel is the creator of Stossel TV videos, and author of "No They Can’t! Why Government Fails—But Individuals Succeed." Some politicians and activists are eager to give you “free” money.

They call it universal basic income, or UBI—cash for everyone, no strings attached.

Comedian Dave Chappelle thinks UBI would “save my community almost instantly.”The Daily Signal depends on the support of readers like you. Donate now In my […]

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Your email address will not be published.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.