08/09/2020

Putting UBI theory to the test

We took TOP’s UBI for a test drive and it was found (seriously) wanting View or download this article in PDF or DOC format. Given all the bold claims surrounding it, we decided to put TOP’s UBI through its paces.  Unfortunately, the results were gravely disappointing. Not only will it fail to deliver on its promises but, in our view, this policy achieves the opposite to what is intended. We found that instead of reducing poverty and diverting money away from housing into more productive assets, the proposed program would: See low-income earners, in most cases, no better off and; Super annuitants…

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