My Second Thoughts About Universal Basic Income

Why I'm now afraid that it could do more harm than good.

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Photographer: Drew Angerer/Getty Images

October 27, 2016, 2:30 PM UTC

I used to think that it might be a good idea for the federal government to guarantee everyone a universal basic income, to combat income inequality, slow wage growth, advancing automation and fragmented welfare programs. Now I'm more skeptical.

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