SEATTLE — Universal basic income (UBI) is a concept that has recently been gaining quite a bit of attention worldwide. So far, UBI has seen success in parts of India, Namibia and Canada, and is being tested in Kenya, Uganda, Brazil, Finland, the Netherlands and Italy. UBI has already been implemented in Alaska, and new pilot projects are currently being planned.
UBI entails a sum of money given periodically by the government to everyone unconditionally as a means of meeting basic needs. The government would provide each individual (or household) with the same amount of money, monthly or annually. UBI […]
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