Episode 660 • • 44:46 - 48:17
660: Clog the Pipes
Swiss Basic Income Initiative and Guaranteed Minimum Income
A news clip details a Swiss proposal to provide a basic income of 2,000 euros per month to every citizen. Adam Curry and John C. Dvorak discuss the concept of a guaranteed minimum income, noting that both Milton Friedman and Charles Murray have proposed similar systems to replace traditional welfare. They debate whether such a system would lead to waste or provide a necessary safety net in an increasingly automated economy.