Euro.Images Money/Flickr Universal Basic Income (UBI) is gaining a lot of steam in many areas around the world due to its simple premise of guaranteeing a basic minimum income that is equal throughout the social spectrum. One startup in Germany called Mein Grundeinkommen (My Basic Income) has actually been testing this premise for a while and has several beneficiaries lined up to be given free money for a whole year, including children.
What Mein Grundeinkommen is seeking to prove by providing people with a monthly allotment of €1,000 ($1,063) for a whole year is that UBI is not the society […]
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