The Limits of Basic Income

The Limits of Basic Income

Over the past decade, there’s been a resurgence of interest in the universal basic income. Instead of having a complex series of means-tested social benefits, a basic income would provide everyone with a set amount of money every month, regardless of employment status or income as long as they’re a citizen.

Activists have been trying to push the program for years, but aside from a few limited trials in places like Finland and Canada, there’s been little progress in Europe or North America – at least until the pandemic hit.

With people stuck at home, business closed, spending in free fall, […]

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