Universal Basic Income – A cure for poverty?
<html> <p>If you are unfamiliar with this concept, Universal Basic Income (UBI) is a relatively new economic idea that advocates paying every adult (perhaps everyone, from cradle to grave) within a country a basic income from state coffers. </p> <p> <img src="https://s26.postimg.org/jqpldgwsp/UBI1.gif" width="320" height="160"/></p> <p><a href="https://medium.com/@Mark4UBI/ubi-universal-basic-income-explained-simply-f2c752ad3b3d"><em>Source</em></a></p> <p>The idea has been developed, giving rise to different variations, but they all seem to agree on the following criteria:<br> <br> · It is paid periodically (typically every month)</p> <p> · It is a cash payment (ie it can be spent on whatever the recipient decides) </p> <p> · It […]
Full Post at steemd.com