"Ministers should consider implementing the radical policy of a universal basic income, according to a new report by a free market think-tank.
The Adam Smith Institute (ASI) claims there is rising evidence for basic income and calls on governments across the globe to experiment with the idea.
The concept involves radically overhauling the welfare state and ditching means-tested benefits in favour of an unconditional flat-rate of payments to all citizens. The right-wing (surprisingly) think-tank claims that current welfare systems are “ill-suited” to adapt to challenges presented by “automation and globalisation”, adding that a basic income is […]
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