(Bloomberg Opinion) — To make good policy you should have at least a vague notion of what you’re talking about. But when it comes to perhaps the biggest reform proposal around, we just don’t. I’m talking about a Universal Basic Income, a system of unconditional cash payments to everybody in a given jurisdiction.
The case for a UBI runs as follows: It would reduce poverty, make people healthier and give them more dignity. It would also ease the transition of workers who lose their jobs to robots or artificial