Germany’s Basic Income Experiment: $1,095 a Month For 6 Months

Germany’s Basic Income Experiment: $1,095 a Month For 6 Months

This month’s draw for a basic income for 30 people by the German organization ‘My Basic Income’ (Mein Grundeinkommen).

Normally the draw takes place in a studio, but with the restrictions in place in Germany to prevent the spread of the coronavirus, this month the draw is taking place online.

The people that win are given a basic income of 1000 euro for six months.With the virus hitting the world economy, many people are finding themselves unemployed or without an income.Michael Bohmeyer founded My Basic Income in 2014. He says states are too slow in testing the concept for a basic […]

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