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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.

About Josh Martin

Josh Martin has written 270 articles.

Josh Martin is a recent graduate of the London School of Economics and Political Science where he received an MSc in Social Policy and Planning and wrote his dissertation on the universal basic income as a possible solution to the problems facing Universal Credit in the UK. Prior to LSE, he attended St. Olaf College in Northfield, Minnesota, and is originally from Decorah, Iowa.

The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

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