In Switzerland last June, they had a referendum on a universal basic income that would have given each adult Swiss citizen US$2,500 (86,450 baht) per month. It would have gone to everybody whether they were working or not and the horrified Swiss rejected it by a majority of more than three-to-one.
In Finland last January, the government launched a pilot programme for a "basic income", but it was a timid little thing that gives the participants in the trial just $600 per month. It certainly isn’t universal: it only goes to jobless people who are receiving the lowest level of […]
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