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Is the unconditional basic income a utopia or a costly catastrophe?

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When Bobby Lambert first heard about Universal Basic Income – an unconditional, regular payment to all adults and children with no means test or work obligation – 15 years ago, he thought the model was “crazy”.

The concept is often derided as either “money for nothing” or “utopian” because it was presented by English statesman and scholar Thomas More in his book more than 500 years ago utopia. In it, every member of society receives a guaranteed income to curb poverty.

https://www.independent.ie/business/irish/is-universal-basic-income-a-utopian-dream-or-costly-disaster-41557983.html Is the unconditional basic income a utopia or a costly catastrophe?

Fry Electronics Team

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