Can Universal Basic Income Work? Germany is Starting A New UBI Experiment

Can Universal Basic Income Work? Germany is Starting A New UBI Experiment

In Germany, an economic experiment has been launched in recent days, which seeks to examine the success or failure of universal basic income, and the consequences to the lives of those who will unconditionally receive about €1,200 per month for three years.

While previous experiments in Finland and Switzerland have focused on basic income as a form to upgrade unemployment benefits, and in Spain, it was is used to provide an additional basic income for the poorest groups in society, the experiment in Germany is, in fact, the first time the pure concept of UBI will be tested.

Funding for the […]

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Your email address will not be published.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.