Universal basic income: Will it become a reality after lockdown is lifted?

Universal basic income: Will it become a reality after lockdown is lifted?

Pope Francis, Facebook founder Mark Zuckerberg and European Central Bank vice president Luis Guindos all agree: it is time to think about a universal basic income in the face of the unprecedented economic abyss caused by the coronavirus health crisis.

Daniel Susskind, an economist from the University of Oxford, recently likened the current global health and economic crisis to what the world faced in the aftermath of the Second World War.

The foundations of the modern-day welfare state were laid down by British economist William Beveridge in 1942 when he was tasked by the UK government to come up with a […]

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