Five Thirty Eight has the article What Would Happen If We Just Gave People Money?
Basic income is not a single idea but a family of closely related ideas, which go by an assortment of names: universal basic income, unconditional basic income, social dividend, guaranteed annual income, citizen’s income, negative income tax, etc. But the core motivation — to address social ills by just giving people money — has a long history.
A good discussion of this intriguing concept. I haven’t had the chance to read the whole article. That is why I post it here. When I have the time, I can come back to it to read the rest of it.