Tyler Cowen, Columnist

My Second Thoughts About Universal Basic Income

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

October 27, 2016 at 10:30 AM EDT

Tyler Cowen is a Bloomberg Opinion columnist, a professor of economics at George Mason University and host of the Marginal Revolution blog.

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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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