MARK ZUCKERBERG’S BIG IDEA–ANY TRACTION FOR IT?

Dr. Mark W. Hendrickson
Fellow, Economic & Social Policy

Facebook founder, Mark Zuckerberg, got much attention for his commencement address at Harvard University(you know the place where he dropped out) suggesting that America needed to adopt a ‘universal basic income'(UBI) for its citizens. ¬†While the concept is being floated in different parts of the world, the idea of paying citizens a subsistence baseline seems far-fetched in the last Western society to truly come to grips with how to pay for health care. Yet, it’s now on the table here and Mark Hendrickson, of The Center for Vision and Values at Grove City College in Pennsylvania, shares his concerns and engages in an exchange regarding the pro’s and con’s of UBI.