MARICA, Brazil: Does being handed money every month — no strings attached — sound attractive? The residents of a small town in Brazil are finding out.
Governments and think tanks around the world are increasingly fascinated by the idea of a universal basic income, where citizens are given cash to spend as they want.
In Marica, a seaside town of about 150,000 people near Rio de Janeiro, the left-wing municipal government has spent the last year finding out how it works.“We are a laboratory for the Brazilian left,” says Washington Quaqua, who introduced the experiment as mayor in December 2015 before […]
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