In 1776, Tom Paine helped to start a revolution with Common Sense. Twenty-one years later he took the next step with a basic income proposal. His reasoning? Because everyone owned the earth in its natural state, we are all due its bounty.
Where are we going? To current opinion of the guaranteed basic income. Switzerland
Perhaps the one economic idea that appeals to the left and the right, a guaranteed basic income helps the poor and decreases government intervention. But still, voters in Switzerland rejected it.The Swiss proposal included a monthly basic income of 2500 Swiss francs (close to $2560) […]
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