Would an universal basic income help to alleviate poverty? The pandemic has fully exposed the flaws of the existing benefit system, and triggered an important debate on how to build a robust system of income support for today’s more fragile and turbulent times.
A universal basic income (essentially an income floor) is a guaranteed, no questions asked payment made to all eligible residents.
The intention of the post-war Beveridge plan was to construct just such a floor through a mix of measures: national insurance, family allowances, full employment and national assistance. Should there be an universal basic income? Economist Stewart Lansley […]
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