UPDATED 14.8.26
One solution for poverty is simply to give poor people enough money to meet their basic requirements. Various programs to achieve such a Guaranteed Basic Income (GBI) have been put forward over the years. What they generally have in common is that money flows from richer taxpayers to people living in poverty. What else they share is the concern, by many observers, that they will de-incentivize people to work, and that we can’t afford them.… Read the rest “Solving Poverty”