Are we ready for a universal basic income?

Are we ready for a universal basic income?

FREE money for all! What a lovely idea, right? There are few people on the planet who would turn down some pocket money, gifted you from the state, with absolutely no strings attached.

In its simplest form, that’s what a Universal Basic Income (UBI) is. The idea that the government would provide every adult citizen a flat payment, regardless of their engagement in employment or skill building activities. This would be implemented as a replacement of the more common benefits and welfare programmes we see across the world.

The notion of money for nothing is always going to grab people’s attention. […]

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