The Universal Basic Income: Newly Contentious

The Universal Basic Income (UBI) was the topic of my other “Contentious Issues in Classical Liberalism” presentation.  Here, at least, I can see the superficial appeal for the typical member of the Mont Pelerin Society.  Unlike the conventional welfare state, the UBI doesn’t try to micro-manage human behavior.  It doesn’t claim to know how anyone – no matter how poor – should live their lives.  It gives bureaucrats near-zero discretion.  And it preserves recipients’ marginal incentives to wo...