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A new study on universal basic income (UBI) is challenging the central claim used to promote the scheme: that, if done right, it can help alleviate poverty.
Proponents of the basic income argue that it will help those below the poverty line pay for essentials like food, housing, and healthcare, according to the assessment by the New Economics Foundation (NEF) in the UK. The NEF reviewed 16 real-life UBI trials to see whether a basic income can really bridge the inequality gap.Its conclusion: There is no evidence that the project can meet its […]
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