# Basic Income is JUST Compensation

### Recognizing what we owe each other

Let's say the cost to produce a widget is $1. What's the cost to produce 1 million widgets? This may sound like an extremely simple word problem that even some preschoolers could solve. However, if you think the answer is$1 million, you would be entirely wrong.

The cost to produce 1 million widgets is far below \$1 . . .

April 11, 2017

# Should the Amount of Basic Income Vary With Cost of Living Differences?

### The question of an unequal UBI

A common first question in response to the idea of unconditionally guaranteeing a monthly cash stipend to everyone sufficient to meet their basic needs is in regards to a potential need for differing amounts of basic income. Let's examine this question from two perspectives: that of the individual and that of the location.