AMA Reply: Universal Basic Income

AMA Reply: Universal Basic Income

Money, money, money. Must be funny. It’s a rich man’s world. Aki asked , “What are your thoughts on universal basic income?”

We could start with the definition of “universal basic income” (UBI) which the Wiki says is “a form of social security in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere.” Income

Let’s also understand what the word “income” means and implies. The dictionary defines it (in part) as “a gain or benefit usually measured […]

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