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GIVE PEOPLE MONEY

Annie Lowrey

How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World

A brilliantly reported, global look at universal basic income—a stipend given to every citizen—and why it might be necessary in our age of rising inequality, persistent poverty, and dazzling technology.

Imagine if every month the government deposited $1,000 into your bank account, with nothing expected in return. It sounds crazy. But it has become one of the most influential and hotly debated policy ideas of our time. Futurists, radicals, libertarians, socialists, union representatives, feminists, conservatives, Bernie supporters, development economists, child-care workers, welfare recipients, and politicians from India to Finland to Canada to Mexico—all are talking about UBI.

In this sparkling and provocative book, economics writer Annie Lowrey looks at the global UBI movement. She travels to Kenya to see how a UBI is lifting the poorest people on earth out of destitution, India to see how inefficient government programs are failing the poor, South Korea to interrogate UBI's intellectual pedigree, and Silicon Valley to meet the tech titans financing UBI pilots in expectation of a world with advanced artificial intelligence and little need for human labor.

Lowrey examines the potential of such a sweeping policy and the challenges the movement faces, among them contradictory aims, uncomfortable costs, and, most powerfully, the entrenched belief that no one should get something for nothing. She shows how this arcane policy offers not only a potential answer for our most intractable economic and social problems, but also suggests a better foundation for our society in this age of turbulence and marvels.

A graduate of Harvard University, Annie Lowrey is a contributing editor for The Atlantic, where she covers economic policy. She is a frequent guest on CNN, MSNBC, and NPR. She is a former writer for The New York Times, The New York Times Magazine, and Slate, among other publications.
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Published 2018-07-01 by Crown

Comments

Editor's Choice / Staff Picks from the Book Review (22 July 2018)

Lowrey is a policy person. She is interested in working from the concept down . Her conscientiously reported book assesses the widespread effects that money and a bit of hope could buy.

A lively introduction to a seemingly quixotic concept that has attracted thinkers from John Stuart Mill to Martin Luther King Jr., and that continues to provoke.

UK: WH Allen; China: CITIC; Taiwan: Business Week Publications

Annie Lowery has given basic income a wonderful upgrade [bringing] first-hand accounts of struggling workers all over the world . A must-read as basic income becomes a more mainstream idea.

A useful primer on a highly contentious topic.

Lowrey, a journalist who covers economic policy for The Atlantic, musters considerable research to make the case for a universal basic income— a government-funded cash handout for all.

Guardian article Read more...

Lowrey maintains that just like on The Jetsons and Star Trek, we now have the technology to manipulate and redistribute money. Perhaps it's time to consider a move toward a cashless, and hopefully more equitable, global society.