The Coronavirus Crisis Shows It’s Time for Universal Basic Income

The Coronavirus Crisis Shows It's Time for Universal Basic Income

Israelis queuing at the entrance to the National Insurance Institute offices in Jerusalem, March 15, 2020. Try to imagine how the present coronavirus crisis would look if Israel, and other places in the world, had a universal basic income program. According to such a plan, every adult would receive a regular monthly payment from the government, independent of his employment situation. Without questions and without forms to fill out. A direct deposit to his bank account.

Think what a payment of $1,000 a month would do for an adult. Such a sum could remove a significant part of the pressure […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.