For this week assignment, I want to focus on a contemporary policy debate-Universal Basic Income. Although this policy has never ben implemented, it remains a looming reality in the United States as well as other industrialized countries are likely to soon face, mostly in part due to the advances in technology and artificial intelligence. Please read the following articles accordingly.
According to the article above, what were some of the reasons why Milton Freedman was in support of a Universal Basic Income? (Elaborate and explain your answer in detail). Also, explain the reasons why Martin Luther King Jr. supported a Universal Basic Income, as well. Overall, what do you think? Is the Universal Basic Income a matter of social justice, or economic efficiency? Explain your answer.
Which president was in favor of supporting a Universal Basic Income? Also, what were the reasons for having a Universal Basic Income? What benefits would it provide to society in place of the current safety nets (i.e. Welfare, TANF)?
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