It seems everyone from Richard Branson to researchers at the Green Institute has an opinion on universal basic income (UBI), the idea that all citizens should be paid an unconditional monthly allowance. The benefits of putting a floor beneath earnings so that no one falls into poverty are obvious – but the inevitable question is, can we afford it?
At a recent two-day workshop at Melbourne University, academics, union representatives and individuals from the private and welfare sectors were presented with modelling that suggests we can.
Although at first blush, UBI sounds like some idealistic, leftwing idea, the reality is it […]
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