Hundreds sign up for universal basic income experiment in Swiss town

Hundreds sign up for universal basic income experiment in Swiss town

Rheinau Abbey is probably the town’s best known landmark. Photo: Depositphotos Nearly 600 people have signed on to take part in a universal basic income (UBI) experiment in the northern Swiss town of Rheinau meaning researchers are close to hitting the number needed for the project to have any chance of going ahead.

In the seven days since the enrolment process began, 588 residents of the town have agreed to take part in the project which would see participating adults receive a monthly universal basic income (UBI) of 2,500 francs ($2,570) for a year.

This means the woman behind the experiment, […]

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