With the predicted rise in automation as technology continues to advance throughout the developed world, the issue of Universal Basic Income (UBI) has become prominent again in politics, with the Finnish government having trialled a version of the policy recently and the Scottish National Party planning to pursue a similar trial. Put simply, the policy means paying a sum of money to every adult in the country, enough for them to live without employment.
The question, then, is whether UBI is sustainable or, indeed desirable.
First, desirability. The arguments many right wing economic thinkers make in favour of UBI are its […]
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