If you’ve heard of Universal Basic Income, chances are you’ll have heard somebody dismiss it as ‘free money for everyone’, a misguided policy that would cost billions and only encourage laziness. But that isn’t the whole story. Whilst UBI is indeed the idea of a regular payment from the government to everyone in the country regardless of their circumstances, the benefits of providing every citizen with an income floor far outweigh the costs. In particular, however, UBI would be a godsend for freelancers, offering both financial security and the freedom to pursue other projects.
But firstly, how much money is […]
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