10/14/2019

News

Universal Basic Income Has Been Tried Before. It Didn’t Work.

The best available evidence about the potential effects of these programs comes from the federal government’s “negative income tax” experiment. The experiment, which ran from 1968 to 1980, consisted of four random, controlled trials across six states designed to test the negative income tax. Similar to the universal basic income, a negative income tax guarantees […]

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