From Finland to India, governments are sizing up the potential benefits of a single payment for all.
Universal basic income is the idea that everyone, regardless of income or work, receives a periodic flat-rate cash payment from a public institution. Basically, it is free money for all, with no strings attached, except for the fact that the government has to foot the bill. While it may seem like a radical idea with questions surging in regard to cost, inflation and whether people would quit work in favor of playing videogames, an increasing number of governments are seeing it an […]
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