As governments around the world take unprecedented actions to address the coronavirus pandemic, one idea that is being floated as an ideal fix for this crisis is the adoption of a Universal Basic Income (UBI).
Adopting a UBI as a means to solve problems — from income inequality to mass unemployment caused by automation, and now economic shocks from a pandemic — has been touted by many, most prominently former Democratic presidential candidate Andrew Yang . Twitter founder Jack Dorsey recently donated $1 billion to fight the coronavirus, much of which will later be directed to UBI-related projects.
Despite marketing UBI […]
Full Post at www.insidesources.com