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.
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.
Download PDF
(14 pages)
EconomyEntitlements and WelfareFederal Budget PolicyGovernment and PoliticsPublic ChoiceSocial SecurityTaxesTaxes and Budget
| Other Independent Review articles by David R. Henderson | ||
| Summer 2018 | Why We Fight: A Study of U.S. Government War-Making Propaganda | |
| Fall 2016 | An Economist’s Case for a Noninterventionist Foreign Policy | |
| Winter 2015/16 | The Economy in 2065: Predictions and Cautions | |
| [View All (9)] | ||
