Spain is the latest country talking about adopting a universal basic income, or UBI, program in response to the COVID-19 pandemic. Many libertarians, including myself, have always been open to the idea of moving away from traditional welfare programs to cash payments. That said, I have never come around to endorsing the concept, which suffers from very serious flaws. Unfortunately, the proposed Spanish program would suffer from these same flaws and add a few others to the mix.
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