Berlin startup offers a year with no money worries

Berlin startup offers a year with no money worries

Michael Bohmeyer, the founder of Mein Grundeinkommen (My Basic Income). Photo: DPA Miko from Berlin may only be five, but he already has €1,000 ($1,063) per month to live on — not from hard graft, but as part of an experiment into universal basic income.

He is one of 85 people, including around 10 children, chosen by startup Mein Grundeinkommen (My Basic Income) to receive the payments for a year since 2014.

Founder Michael Bohmeyer has set out to prove to a sceptical public in Germany and further afield that the universal basic income (UBI) idea is workable."Thanks to my first […]

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Your email address will not be published.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.