Building on the RSA’s proposal, Jonny Ross-Tatam sets out the Buchanan Institute’s case for a Universal Basic Income.
An effective welfare system should provide a secure financial foundation on which everyone can build their lives and reach their potential. It should provide a stable safety net in the hard times, reward work and largely leave people to get on with their lives. A growing consensus of policy makers and politicians, from across the political spectrum, believe this is not the case with much of the current UK welfare system. Critics from the right take aim at its ‘high marginal deduction […]