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Volume 19  Number 4  •  Spring 2015
Other Issues:  

A Philosophical Economist’s Case against a Government-Guaranteed Basic Income
By David R. Henderson
This article appeared in the Spring 2015 issue of The Independent Review

For the U.S. government to provide a basic-income guarantee of $10,000 to every American citizen, federal spending would need to rise by 30 percent and the size of the welfare bureaucracy would need to double. The politico-economic case against a government-guaranteed basic income is strong, but the moral argument against it is even stronger.

 PDFRead the Full Article (PDF, 14 pages)

Other Independent Review articles by David R. Henderson
    Fall 2016   An Economist’s Case for a Noninterventionist Foreign Policy
    Winter 2016   The Economy in 2065
    Spring 2014   The Inevitability of a U.S. Government Default
[View All (8)]