The Worst Thing About A Basic Income: You'll Never Get Rid

The Worst Thing About A Basic Income: You’ll Never Get Rid of It by Preston Cooper, Foundation For Economic Education Social Security Shows What Happens to Universal Programs Andrew Flowers at FiveThirtyEight has an interesting new column on the universal basic income (UBI), which has been gaining traction in policy circles as a potential alternative to the current welfare regime. Finland is considering a UBI experiment, as is the Silicon Valley venture capital firm Y Combinator. The results of such experiments should be illuminating, given that UBI has never been tried on a large scale. The basic idea of UBI…