Politics & Policies

Universal Basic Income – These things are utopian one expert says

Universal Basic Income gets all this attention and popularity, but I haven’t seen one model that’s Universal Basic Incomeeven on the planet of financial feasibility. These things are utopian. Finland is conducting an experiment in giving every adult a check for €800 a month, which would require spending far more than what the government raises in taxes. Whatever you think about giving €800 checks to every citizen, the only way you’re getting that money is by taxing citizens double what you’re taxing them now.

Chosen excerpts by Job Market Monitor. Read the whole story at We talked to five experts about what it would take to actually institute Universal Basic Income  – Quartz

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Discussion

12 thoughts on “Universal Basic Income – These things are utopian one expert says

  1. There is no free lunch.

    Posted by bookooball | December 4, 2016, 2:18 am

Trackbacks/Pingbacks

  1. Pingback: Guaranteed Minimum Income in Canada – Sharp increase in those favouring it | Job Market Monitor - February 19, 2016

  2. Pingback: Ontario – An experiment with basic income buried away in Ontario’s 2016 budget | Job Market Monitor - March 12, 2016

  3. Pingback: A Universal Basic Income (UBI) for a post-work economy | Job Market Monitor - March 16, 2016

  4. Pingback: Guaranteed Basic Income in Switzerland – 77% reject it | Job Market Monitor - November 13, 2016

  5. Pingback: Universal Basic Income in US – The Economic Security Project (ESP) commits $10 million over the next two years “to explore” it | Job Market Monitor - December 10, 2016

  6. Pingback: Finlande – Test d’un revenu de base universel à 780$ (560 euros) | Job Market Monitor - December 14, 2016

  7. Pingback: Job Market Monitor - April 6, 2017

  8. Pingback: Le Revenu Minimum Garanti au Québec – Le Comité d’experts dit non à l’allocation universelle | Job Market Monitor - November 14, 2017

  9. Pingback: Basic Income in Canada – Using the Ontario model would would cost between $76.0 billion and $79.5 billion | Job Market Monitor - April 20, 2018

  10. Pingback: COVD and UBI in Canada – The money should be universal says Jagmeet Singh | Job Market Monitor - April 23, 2020

  11. Pingback: Universal Basic Income (UBI) – A primer | Job Market Monitor - April 27, 2020

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