John Tamny, “Guaranteed Income Is a Comically Awful Poverty Solution”
John Tamny writes this piece in order to critique the basic income idea, which he calls a “monumentally silly idea” and “logically dim”. His lengthy critique spouts many standard arguments against basic income, including fears of subsidized idleness and a lack of economic growth. Instead, he believes trusting markets and growth alone are the best ways to move people out of poverty.
John Tamny, “Guaranteed Income Is a Comically Awful Poverty Solution“, Real Clear Markets, 10 May 2016.