Another economist catching onto the idea of a a universal basic income. John Aziz, writing for The Week, argues that minimum wage is a flawed concept that should be replaced by a universal basic income, which solves the problem of low wages as well as getting rid of welfare benefits and the huge unproductive government machinery that is required to run the welfare system.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s