Most wouldn’t peg Margaret Thatcher for a basic income enthusiast. Well, she wasn’t quite, but she instituted a policy that shared basic income characteristics. What’s more, it was successful in many ways. More on that later.
Basic income at its purest is the idea that all citizens be paid an unconditional amount, one that is given to people individually as a regular sum that isn’t taken away as incomes rise. Interest in basic income is growing by the day, with new pilot projects being announced more and more frequently. There are basic income-style trials – if not a purist’s definition […]
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