Basic Income 34

Universal Basic Income Is a Good Idea

We're at the midpoint of a great technological wave that's already radically altering the world's economy, and the impact of that wave on the poor is largely hidden from the public eye. As much as we like to imagine there is a "basic income guarantee" to help with this, it's a fairly recent idea. A couple of decades ago, for example, a few economists argued that a guaranteed basic income program would help millions of impoverished people. I think you'd be surprised to learn what happened to that proposal.

The good news: There are good advocates for basic income programs.

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