Germany begins universal basic income trials

Germany begins universal basic income trials

The coronavirus pandemic has hit economies across the globe where it hurts, with governments racking up debt left right and centre, and individuals having their livelihoods thrown into question. All in all, it’s laid bare the rampant inequalities that exist in society. Germany is going experimental in terms of patching up these disparities by giving universal basic income (UBI) a shot. UBI is the idea that governments should pay citizens a monthly stipend regardless of their employment status to improve professional and personal wellbeing.

Germany is starting a three-year study to observe the effects of universal basic income on […]

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