The Long, Weird History of Universal Basic Income—and Why It’s Back

The Long, Weird History of Universal Basic Income—and Why It’s Back

Thomas Paine, Napoleon, and Martin Luther King, Jr., do not have a lot in widespread at first look. Nor do socialists and libertarians—or Finnish bureaucrats and Silicon Valley tycoons. Some insurance policies have a behavior of making unusual bedfellows, however none extra so than the concept governments ought to assure their residents a minimal degree of earnings. Not by creating jobs or offering conventional welfare, however by chopping checks, for the identical quantity, to everybody.

Common fundamental earnings (UBI) is an outdated thought, however in recent times it has gained appreciable momentum. The specter of automation is focusing minds: Algorithms […]

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