GLOBAL PERSPECTIVES

Universal Basic Income and Radical Populism: Making the Link

Jan 4, 2017 | 11:56 GMT

What would people do with free money?

What would people do with free money?

(Wikimedia Commons)

What will it take to eliminate poverty? Given enough time, market forces might be sufficient. But another approach could accelerate the process: a guaranteed basic income. Before rejecting this idea out of hand as a lefty redistribution scheme, consider that it has support from conservatives from Milton Friedman to Charles Murray. While hardly in the mainstream yet, the concept of a guaranteed basic income has a long history, and it is gaining adherents around the world....

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