Opinion
Why universal basic income is a bad idea
The concept is gaining momentum in US political circles and is on the agenda in Australia, but there will be a high economic price to pay.
Stirling LarkinColumnistInfluential US podcaster Joe Rogan has, for all the right altruistic reasons, been championing the burgeoning economic concept of universal basic income (UBI).
Rogan – whose podcasts with astute and contemplative Americans on a wide array of topics receive several million views or downloads – has regularly hosted US Democratic presidential candidate Andrew Yang, who is running on the single stump issue of UBI for all Americans.
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