The idea of a “universal basic income” has been around a long time. Most supporters are broadly on the left of the political spectrum, but many conservative thought leaders, including Charles Murray as well as Reagan officials like James Baker and George Schultz, have also been willing to consider the idea.
The idea behind UBI is simple: replace welfare payments to the poor with cash payments to empower the poor to manage their government benefits. Welfare programs have a bunch of hoops and phase-outs that can often disincentivize going from welfare to work. One problem with UBI (as other conservatives […]
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