Around the globe, the concept of a universal basic income (UBI) is controversial.
This notion – that the government should pay everyone a regular payment to meet their basic needs, despite their income – has been touted as a solution to growing inequalities and the polarisation of labour markets.
Here in Australia, the idea of a UBI has floated in and out of our political arena for years, but remains only that, an idea.But in the 1970s, it looked as though it could become more.In 1972, the inaugural Director of the Melbourne Institute, Applied Economic and Social Research , Professor Ronald […]
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