Virgin Group founder Richard Branson became the latest billionaire to support the idea of universal basic income this week, saying that the concept should be “further explored” to help every member of society have the “opportunity to work and to thrive.”
Branson broached the topic of UBI in a blog post on Monday that he writes was inspired by a recent meeting with The Elders, a nongovernmental organization of former statesmen and world leaders. He specifically pointed to Finland’s experiments with basic income as an example of governments providing a guaranteed monthly stipend to low-income or unemployed citizens, replacing […]
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