income

  The debate over Universal Basic Income (UBI), a policy in which the state provides a regular, unconditional sum of money to all citizens, is far from new. It periodically returns to the limelight every few years, discussed vigorously for a few months before slipping back into irrelevance after the idea is dismantled as unworkable, […]

  Increasing inequality is a hot topic in many developed countries, especially among younger generations. Many have suggested that higher tax rates at the top income level would solve the problem. French economist Thomas Piketty, for example, advocates for this solution not necessarily because it would increase government revenue and redistribute income, but primarily because […]