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Is a Universal Basic Income a Good Idea?

March 15, 2017View for printing

What if everyone on the planet received a guaranteed income whether or not they worked?

That's the idea behind the universal basic income (UBI) -- and it is gaining ground globally. Government officials, some technology executives, philanthropists and academics from every continent are championing the idea as a way to combat rising wealth inequality and provide an income floor as new technologies are seen decimating jobs in the future. However, the program's effectiveness and affordability are far from settled discussions. Political hurdles must also be overcome for it to become reality.

Full Story: http://knowledge.wharton.upenn.edu/a ... -good-idea/
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