We’ve blogged already on the potentially disastrous effects a universal basis income could have on the work ethic in the U.S.
Today Dan Nidess, a writer in San Francisco, elaborates on that theme in a piece in the Wall Street Journal.
Nidess points out that the universal base income is suddenly popular with Silicon Valley types–from Mark Zuckerberg to Sam Altman– who see it as the way to address unemployment. This might not be such a great idea, Nidess writes: Guaranteed income from the government may seem like the easiest way to address long-term unemployment, but UBI fixes only the […]
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