money Universal Basic Income
Sounds Great, but I have Worries
Ed Desmond · Follow 4 min read·5 hours agoUBI or Universal Basic Income, is not a new idea. In the past it has been proposed by arch political rivals from Milton Friedman, to The Black Panther Party. It is controversial to say the least. I like the concept, but I have worries.What is it? UBI in its pure form, is a scheme where direct cash payments are provided to citizens without means testing. This would undoubtedly slash poverty in the US, but would be incredibly expensive. Who pays […]
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