Oz Blog News Commentary

Why universal basic income will fail

February 14, 2018 - 11:17 -- Admin

By Akhil Patel It has become popular to suggest a Universal Basic Income (UBI) as a solution to growing inequity. But in its current form UBI will be a total failure. Not because the idea is a bad one, but because it ignores the law of economic rent. The idea of a UBI has a […]