Heritage Explains 042: Universal Basic Income Doesn’t Work
Posted
August 14, 2018
Views
1,975
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August 14, 2018
1,975
50
54
5.27%
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1:05Now PlayingOntario ditched a pilot program to guarantee residents a universal basic income (UBI). The concept of UBI is pretty simple. The government gives everyone money, with no strings attached. How much money? Enough to be meaningful, but not enough to discourage work. The government cited the program’s high cost when announcing the termination. This shouldn’t be a surprise. In this case the government is assuming that poor people lack certain virtues or fall victim to vices and that expert managers of the welfare system know better. A UBI-focused welfare state assumes that generosity is just about giving people cash, but the world is much more complex than policies of redistribution make it out to be.
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