Universal Basic Income

With the threat of automation, a possible recession, and other societal problems, people have been calling for a Universal Basic Income. In 2018, nearly half of Americans supported this idea in hopes to reduce poverty and increase equality. While experimenting with this concept is relatively new, it can be dated back to 1516 with Thomas More’s ‘Utopia’ philosophy. Following More’s ideas on the benefits of a minimum income, Thomas Paine proposed a plan in 1796 to provide a basic endowment for all adults over 21 years of age. And if those names don’t ring a bell, in 1967, Martin Luther…...