Why universal basic income could do more harm than good

Why universal basic income could do more harm than good

Universal basic income is not a silver bullet for inequality, writes Theo Stone

The idea of a universal basic income has become a mainstay hypothetical for the political left. The Green party has been running with the concept for several years now, giving it a prime position in their 2017 manifesto . Meanwhile, shadow chancellor John McDonnell has repeatedly expressed interest in the idea, going so far as to call it ‘ an idea whose time may well have come .’

The historical roots of UBI run deep, with early propositions available in the works of Thomas Paine and Bertrand […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.