Universal Basic Income (UBI) calls for an early money transfer for every citizen, usually taken monthly. In the US presidential election, Democratic candidate Andrew Yang proposed the idea and it is now resembling wildfire. His proposal, dubbed the “Freedom Dividend,” plans to give each American citizen $ 1,000 each month. No string is attached.
The idea is not a new one, however. Guy Caron and Martin Luther King Jr. on the left, and Richard Nixon and Milton Friedman on the right, have espoused an idea of a basic universal income. Then the question arises: can this policy work in Canada?
I […]
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