Artscape 2017 music schedule

Mark Zuckerberg

The new economy is coming

The new economy is coming

Late May is college commencement speech season, and there are always one or two destined to cause upset. This year, add to the list the Harvard commencement speech given last Thursday by Facebook CEO Mark Zuckerberg and his call for "universal basic income," which is a fancy way of describing a kind of Social Security for all. As might be expected, the tech pioneer was lambasted on such social media platforms as Facebook (which he no doubt appreciated) by conservatives who see UBI as a doubling down on welfare, as well as some liberals who instinctively distrust an idea once favored by the Nixon administration.

But whether a government-funded guaranteed basic income is...