Friday, September 18, 2015

The Real Value Of A Universal Basic Income Is That It Raises The Reservation Wage

Forbes Real Time
The Real Value Of A Universal Basic Income Is That It Raises The Reservation Wage
Steve Randy Waldman has a nice slide series explaining the benefits of a universal basic income as a replacement for the various hotch-potch of policies we currently call the welfare system. I'm largely in agreement that such a universal basic income would be a better idea than what we already [...]

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