Basic income is, as the name implies, simple and earnest in its intentions. It assumes that a society thrives when its members are cared for and so seeks to provide them with the means to care for themselves. A robust economy—with jobs, yes, but also the freedom to advance and innovate—allows most people to prosper on their own. But skills become obsolete. People are laid off or get sick. Basic income furnishes a regular stipend so their fundamental needs will be met no matter what.