Maybe. But for an alternative view, see "Four Reasons a Guaranteed Annual Income Won't Work" (http://www.bloomberg.com/news/2013-12-04/four-reasons-a-guar...) and, although not strictly an alternative view, "What are some of the biggest problems with a guaranteed annual income?" (http://marginalrevolution.com/marginalrevolution/2013/11/wha...).
As so often happens, the devil is in the implementation and incentive details.
Based on my reading I think a guaranteed annual income is a good idea, but I'm agnostic on the question of whether a guaranteed annual income would work in practice.
Maybe. But for an alternative view, see "Four Reasons a Guaranteed Annual Income Won't Work" (http://www.bloomberg.com/news/2013-12-04/four-reasons-a-guar...) and, although not strictly an alternative view, "What are some of the biggest problems with a guaranteed annual income?" (http://marginalrevolution.com/marginalrevolution/2013/11/wha...).
As so often happens, the devil is in the implementation and incentive details.
Based on my reading I think a guaranteed annual income is a good idea, but I'm agnostic on the question of whether a guaranteed annual income would work in practice.