A person counting money | Representational image | Bloomberg Universal basic income – a tax-free, unconditional sum of money regularly given to everyone in a society – has repeatedly been shown to help the most vulnerable groups in society. Numerous successful trials have found that basic income, whether given to everyone or specific groups or communities, improves health, life satisfaction, trust in others and employment opportunities among participants.
Many of the largest and most successful basic income schemes were from the 1960s and 1970s. Mincome , a basic income experiment in Manitoba that ran from 1974-1979, found an improvement in […]
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