Few people had heard of it until this year. Now, several governments are running small-scale trials into the viability of Universal Basic Income, typically with the unemployed. The most notable trial is in Finland where residents receive the equivalent of £560 per month to do with as they see fit. A similar trial later began in Ontario, Canada. But what is it and what purpose does it serve? What is Universal Basic Income
It is simply what it sounds like – giving money to people with no strings attached, to spend as they please. The Finnish trial is specifically […]
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