Question: What do modern-day Iron Man Elon Musk, conservative president Ronald Reagan and Nobel Prize-winning economist Angus Deaton all have in common?
The beginning of a bad joke? Or a relationship to an economic idea as divisive as it is unifying?
Answer: The latter. All were fierce advocates of Universal Basic Income (UBI) as a healing balm to an economy where A.I. and automation could take one-third of all jobs by 2030—a time when brands face an uncertain future.UBI was proposed as a way to reduce the poverty gap and stimulate the economy by giving every citizen a regular sum of […]