Academic advocates universal basic income

An Auckland economist is advocating a universal basic income as an idea, saying others don’t think it is silly.

An Auckland academic is advocating the idea of a universal basic income even though it has been dismissed as unaffordable and "barking mad" by some.

The idea is the state provides a basic income to people with no strings attached.Auckland Business School economist Dr Ryan Greenaway-McGrevy says policymakers should give serious thought to how it could work in New Zealand.In a trial in Finland 2000 people each get 560 euros ($860) a month and the payment continues even if they get […]

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