Universal basic income (UBI) is becoming respectable. Less than a decade ago, its principal supporters were weed-smoking hippies and Star Trek aficionados: “serious people” either laughed or sneered at it. But now, it counts among its supporters a growing number of top economists , entrepreneurs and financiers . Governments around the world are evaluating its use, and some are embarking on pilot studies . Businesses are partnering with not-for-profit organizations to conduct serious research into the costs and benefits of UBI.
And now, the IMF has joined the party. In its latest Fiscal Monitor , it evaluates UBI as a […]
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