The Immorality of Universal Basic Income

The Ethical Fallacy Behind Government Redistribution of Wealth

I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money. —Thomas Sowell

Believe it or not, 16th-century policy ideas can still be found in 21st-century political discourse.¹ In 1516, universal basic income (UBI) was suggested as a “cure for theft”; in 2019, it was the basis of…