TED ConferenceUniversal basic income — a system of wealth distribution that involves giving people a monthly wage just for being alive — got a standing ovation at the 2017 TED conference, held in April. Rutger Bregman, a Dutch historian and basic income advocate, gave a talk on the subject in which he explored a crucial question: Why do the poor make such poor decisions? Poverty isn't a character flaw, Bregman explained.