Universal Basic Income: Can It Renew Our Economy?

By The Aspen Institute

Author and former labor union leader Andy Stern thinks universal basic income is the key to solving problems plaguing America’s economy. He wrote about it in his book Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream. As technology takes over jobs humans used to do, the old idea is gaining new attention. Universal basic income has been supported by Martin Luther King, Jr., Charles Murray, Robert Reich, and Milton Friedman. Stern lays out why it’s the right economic policy for a modern United States.