Social Justice

Universal Basic Income

I make three arguments for UBI. They are neither mutually exclusive nor exhaustive. And there are good counter-arguments. But I am surprised at how many opponents claim lack of political feasibility, and then suspend all disbelief for their OWN pet unicorn.

UBI would take a grand bargain, it’s true. But that is often true for Pareto improvements. Actually negotiating and enforcing the set of side payments is difficult. But “difficult” is not a misspelling of “impossible.”

Published on:
Author: Mike Munger
Share: