Macroeconomic Monitor

2016.06.23

Unconditional basic income – an emanation of populism and a misunderstanding of how a market economy functions

The topic of “Unconditional Basic Income” has been increasingly talked about in the last few years. Most commentators with at least a basic understanding of economics and finance have not paid serious attention to the topic, but unfortunately, public interest in the idea is likely to grow. Most recently, the Swiss strongly opposed …

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