A basic wage would give confidence to the start-up economy, knowing there is a safety net during the no-income early phase. Belinda Pratten by Brian Toohey
At first glance, giving everyone a government handout called a Universal Basic Income seems a bad idea. Although a UBI is yet to gain mainstream acceptance, it’s gathering momentum among entrepreneurs in Australia, the US and Europe as well as in libertarian and social democrat circles. A leading Australian investor, Mark Carnegie, sees a UBI as a creative response to the loss of traditional full-time jobs in an era of disruptive economic change. So […]
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