WHAT if America were to scrap all its anti-poverty programmes—welfare, food stamps, unemployment benefits, the works—and replace them with an unconditional basic income (UBI) for everybody? Even in a Congress beset by less extraordinary levels of dysfunction, the idea would have little chance of becoming law. It’s fun to theorise, though. And if Switzerland approves a referendum to send all of its citizens $2,800 a month, the debate will have a fascinating new reference point.
Annie Lowrey’s article in the New York Times Magazine explains that both the left and the right have reason to favour a basic income. Liberals support the idea because it would elevate 50m Americans above the poverty line overnight. Some on the right, like Continue reading