Not A New Idea

I am in no way a fan of anything Zuckerberg, but he saw the positive result of a basic income over welfare in Alaska. 
Basic income has been an ancient idea in various formulations. Charles Murray probably had the best, well thought out plan for it over a decade ago in his book, "In Our Hands". m/r

Mark Zuckerberg again defends government giving people free money

• Zuckerberg explains how a form of universal basic income works in Alaska.
• He doesn't address Alaska's deficits, however, and the governor's call to increase taxes.
• He also uses his company as grounds to argue in favor of basic income for individuals.

Todd Haselton  7-5-17

Following a trip to Alaska, Facebook CEO Mark Zuckerberg recently wrote a blog post defending — yet again — the idea of establishing a form of basic income in the U.S.

Zuckerberg said he supported Alaska's Permanent Fund Dividend, which pools money from the state's oil revenue and returns it to residents at the end of the year. In 2016, that dividend amounted to $1,022 per eligible resident.
He used his experience at Facebook to explain how the economics of human condition can change for the better if people are given a basic income to live off, such as the Permanent Fund Dividend in Alaska.

-go to links-