The Paradox of Universal Basic Income

Liberals and conservatives alike love—and fear—the idea of giving free money to everyone. But we have to try it anyway.

On December 15, 2017, the United Nations Special Rapporteur on extreme poverty and human rights, Philip Alston, issued a damning report on his visit to the United States. He cited data from the Stanford Center on Inequality and Poverty, which reports that “in terms of labor markets, poverty, safety net, wealth inequality, and economic mobility, the US comes in last of the top 10 most well-off countries, and 18th amongst the top 21.” Alston wrote that “the American Dream is […]

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