CAROL WILCOX takes a look at universal basic income and finds the enthusiasm for this ‘snake-oil remedy’ very worrying
What could possibly be wrong with a periodic cash payment unconditionally delivered to all on an individual basis, without means test or work requirement?
Universal basic income (UBI) is not a new idea. Thomas More made an argument for it in his 1516 work Utopia.Eighteenth century radical Thomas Paine was an early advocate who argued that every person should receive £15 on their 21st birthday and £10 a year thereafter to be paid out of ground rent.Supporters of the 19th-century political economist, […]
Full Post at www.morningstaronline.co.uk