For supporters of basic income,Beveridge’s ‘problem of rent’ is an even bigger headache nowadays than it was in the 40s In a world with a universal basic income for all, what would you do about housing costs?UBI – also known as citizen’s income or negative income tax – is a seductive plan that is now gaining ground, and with support spanning the political spectrum from the Green Party to the ideas of the late US economist Milton Friedman. The hope is of a welfare system that would empower people rather than penalise them,offer freedom in location of sanctions and enable us to adapt to a rapidly changing labour market rather than being at the mercy of Google and Uber.
Continue reading...
Source: theguardian.com