Universal Basic Income Is a Wolf in Sheep’s Clothing, New Analysis Finds

Universal Basic Income Is a Wolf in Sheep's Clothing, New Analysis Finds

Will universal basic income improve lives and reduce inequality, or should campaigners continue to focus on how to better provide basic services like healthcare and education instead? For Anna Coote, a principal fellow at the New Economics Foundation think tank, the evidence that basic income is the best way to ensure a minimum quality of life in an increasingly fractious and unequal economy, is shaky.

Instead, Coote argues that the money could be better spent on building higher-quality public services.

“Money spent on cash payments cannot be invested elsewhere,” Coote wrote in an opinion story for The Guardian published Monday. “The […]

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