In his book Utopia, published in 1516, the English philosopher Thomas More proposed a basic income for all. In more recent times, the idea of a universal basic income (UBI) has been championed by numerous philosophers, economists and political leaders.
The idea is very simple. All citizens are entitled to receive a periodic and unconditional cash transfer from the government that is adequate to cover basic necessities.
The five key features of UBI, according to the Basic Income Earth Network, include periodic rather than one-off transfers, cash rather than in kind transfers such as food, payments to individuals rather than households, […]
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