Making regular cash payments to every individual in a country can help to solve problems of poverty, precarity, automation and inadequate social security systems – or so it is argued by advocates of universal basic income (UBI), who hail it as a big idea and rallying point for progressive politics in our times.
Can universal cash payments achieve all this on their own? Are they part of the solution or part of the problem? A new study out this week , published by NEF and Public Services International, finds little evidence to support most of the claims made for UBI. […]
Full Post at neweconomics.org