Dyer: (Not quite universal) basic income explained

Dyer: (Not quite universal) basic income explained

In Switzerland last June, they held a referendum on a universal basic income that would have given each adult Swiss citizen $2,500 per month. It was a truly universal basic income because it would have gone to everybody, whether they were working or not. The horrified Swiss rejected it by a majority of more than three-to-one.

In Finland in January, the government launched a pilot program for a basic income, but it was a timid little thing that gives the participants in the trial just $600 per month. It certainly isn’t universal because it only goes to jobless people who […]

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