Universal Basic Income (UBI) calls to an unconditional cash transfer to every citizen, usually received monthly. In the U.S. Presidential elections, Democratic nominee Andrew Yang proposed this idea and it is now catching on like wildfire. His proposal, called the “Freedom Dividend” plans to give each American citizen $1000 every month. No strings attached.
The idea isn’t a new one, however. Guy Caron and Martin Luther King Jr. on the left, and Richard Nixon and Milton Friedman on the right, have supported an idea of a Universal Basic Income. The question then arises: can this policy work in Canada?
I talked […]
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