Universal Basic Income: Free Money For Everybody? - Steve Forbes | What's Ahead | Forbes

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Published on 13 Aug 2020, 16:00
Remember, before the coronavirus, the pay for lower-income workers was rising at a faster pace than anyone else’s? So, why is the idea of universal basic income (UBI) gaining ground now, and why is paying every adult $1,000 a month even a solution to the fight against Covid-19? Steve Forbes on the ethical and practical problems related to UBI and the detrimental economic consequences such payouts could cause.

What's Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what's happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
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