Basic income is having a whirlwind year, and it was just galvanized even further by the support of Angus Deaton, the 2015 Nobel Prize winner for Economics. At a universal basic income forum in Taiwan's capital on May 19, Deaton encouraged governments to consider lifting the financial burden on low-income citizens with basic income grants. He pointed to increasing instability as a cause for concern. "The riskier the world becomes, the more potential there is for increases in inequality." His thinking: Government intervention on the scale of regular monthly checks, handed to people regardless of working status for the purpose of meeting their basic needs, may be the smartest solution. http://www.techinsider.io/basic-income-gets-nobel-prize-winners-approval-2016-5
Sanity prevailed in Switzerland and they rejected it: http://money.cnn.com/2016/06/05/news/economy/switzerland-basic-income-referendum/index.html Regarding the OP: it is difficult to take seriously an article supporting basic income when the author demonstrates he doesn't understand the difference between income and wealth.