The idea that guaranteed basic income can solve poverty was first proposed by lawyer Thomas More in the 16th century. Guaranteed basic income, also known as universal basic income is an unconditional periodic money transfer to ensure that a citizen can pay for his or her basic necessities no matter what. The idea that everybody will be paid money every month, whether or not they have a job, is undeniably radical. Guaranteed Basic Income Has Supporters and Detractors
Economists are divided into two groups over the idea: one in favor of guaranteed basic income and the other against it. […]
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