Starting this week, 120 Germans will receive approximately $1,400 every month for three years as part of a study on universal basic income by the German Institute for Economic Research.
Universal basic income is a policy that guarantees a minimum income for citizens or residents, usually paid in the form of cash handouts by the government.
Interim universal basic income policies have already been implemented in a number of other countries, including in the US, Spain, and Denmark. Visit Business Insider’s homepage for more stories. A group of researchers in Germany is launching an experiment into the impact […]
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