UBI: The Devils in the Details
UBI: The Devils in the Details Sean Arthur Joyce The devil is always in the details, as the old saying goes. Most have probably forgotten now what that proverb means, but in essence, it’s a kind of caveat emptor : If it seems too good to be true, it probably is. Don’t swallow the whole enchilada until you know all the ingredients. In my previous article, “To UBI or Not to UBI?” I discussed the Canadian proposal for a Universal Basic Income and the various reactions to UBIs from both socialist and capitalist sources. I also noted that a nearly three-year study on UBIs by the University of British Columbia , Simon Fraser University and the University of Calgary concluded that, “a basic income for all is not the best way to address poverty and other social problems .” Instead, the British Columbia Expert Panel on Basic Income said, “governments should boost existing social support programs for vulnerable groups…”[1] The tri-...