Economics: Universal Basic Income
Katherine Mangu-Ward talked about the idea of the universal basic income and what that could mean for U.S. employment.
Description
Katherine Mangu-Ward talked about the idea of the universal basic income and what that could mean for U.S. employment.
Bell Ringer Assignment
- How does Katherine Mangu-Ward describe the idea of a universal basic income?
- Why is this idea generating interest among the public now?
- Explain the challenges with this kind of program as compared to grants or welfare system.
Participants
Vocabulary
- Bureaucracy
- Disincentive
- Incentive
- Milton Freidman
- Negative Income Tax
- Partisan
- Subsidize
- Thomas Paine
- Welfare System