Universal Basic Income and the 2020 Election. Redistribution by Taxing the Rich

Universal Basic Income and the 2020 Election. Redistribution by Taxing the Rich

UBI promoter Andrew Yang may be the first candidate for president running under a major party banner to advocate it, but he is certainly not the first in history.

The idea of UBI has been around at least since Thomas More included it in his 16 th century Utopia and Thomas Paine, the author of Revolutionary War tract Common Sense, wrote of it as a bedrock ideal of social justice.

In our own era, UBI was mentioned favorably by conservative economist Milton Friedman and civil rights champion Dr. Martin Luther King, Jr. It also drew the attention of President Richard […]

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