What a $1,000-a-Month Universal Basic Income Would Look Like
Annie Lowrey
4.6K45

Rents, for example, would increase by about $1000 per month, leaving renters, at least, with net zero gain. Then, we would need rent and other price controls. Controls give us slums and more powerful and larger bureaucracies. Etc., etc. Want to see how it all turns out? Move to Venezuela. Bring a sandwich.