Squareallworthy On UBI Plans

A basic income program might help revitalize many of the small towns and rural areas that are losing population because jobs have evaporated.

Yet another problem, of course, is paying for these equity endowments. My guess is that redistribution of vast amounts of capital would prove even more politically toxic than would be the case for income.

In observing Silicon Valley’s surge in interest around UBI, I believe some of that advocacy has emerged from a place of true and genuine concern for those who will be displaced by new technologies. But I worry that there’s also a more self-interested component: Silicon Valley entrepreneurs know that their billions in riches and their role in instig