Negative Income Tax is Not Cheaper Than Universal Basic Income, Nor is Guaranteed Income 'More Progressive' by Excluding the Rich
Many people don't know this, but Milton Friedman was once asked in the Spring of 2000 what he thought about a universal basic income (UBI) in comparison to his proposed negative income tax (NIT) and this was his response: "A basic or citizen's income is not an alternative to a
A.I. Will Not Displace Everyone, Everywhere, All at Once. It Will Rapidly Transform the Labor Market, Exacerbating Inequality, Insecurity, and Poverty.
There is no simple way of discussing the economic impact of artificial intelligence. As someone who has been warning about the impacts of automation for a decade now, and trying to get people to understand that automation has already been impacting us for decades, I can tell you that this
The Spaceballs Argument for Unconditional Basic Income (UBI)
There is an argument frequently made against the concept of unconditional basic income (UBI) that essentially goes like this: "Life requires work. You can't just expect to live without work, and it's wrong for someone to live off the work of others. So UBI has no moral justification." This argument
The Gift-Giving Argument for Universal Basic Income
As I write this, Christmas is right around the corner again, and I think it's time I finally write this article that has been in my head for years now as an argument for the universal part of universal basic income. In short, the entire point of the gift-giving aspect
Is Unconditional Basic Income a Trap Being Laid by Global Elites to Control and Enslave Us All?
2023 will mark ten years of my advocating hard for unconditional basic income. At this point, one of the things that annoys me most is the new claim from conspiracy-fueled people that the rich and powerful fully support UBI and want to use it to make a subservient population. First
The Toothpaste Argument for Universal Basic Income
The following argument is based on the words of the late Götz Werner, who was a long-time supporter of the concept of unconditional basic income in Germany, who gained a unique understanding of UBI as a successful businessman and billionaire co-founder of the drugstore chain “dm,” and who passed away
How to Calculate the Cost of Universal Basic Income (Hint: It's Not As Easy As You Might Think)
I've written about this before, about how the cost of universal basic income is its net cost, not its gross cost, but because this question of the cost of UBI is so frequently raised, and so frequently misunderstood, I'm going to attempt to explain this in an alternative way in
A Guide to Basic Income: Frequently Asked Questions about UBI
Over the years I've been asked many questions about the idea of an unconditional universal basic income guarantee. Some questions are asked far more than others, and so I've made a point of writing various articles to answer many of these questions. Whatever question you may have about UBI, please