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Volume 19  Number 4  •  Spring 2015
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Skeptical Thoughts on a Taxpayer-Funded Basic Income Guarantee
By Robert M. Whaples
This article appeared in the Spring 2015 issue of The Independent Review

The intellectual underpinning of a government-guaranteed basic income fails to overcome several objections on historical, economic, and moral grounds. But if it ever did, the adoption of a basic-income guarantee would deserve only cautious consideration because major policy changes always have numerous unknown and often irreversible consequences.

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