A universal basic income is defined as an unconditional payment that is made regularly, is sufficient to live on, is not means tested and carries on work requirements. There was a time when the concept of a universal basic income (UBI) was dismissed out of hand by most political and economic opinion.
Too costly, too dodgy in that it would encourage indigent people to remove themselves from the workforce.
Those tropes were constantly trotted out whenever the idea was mooted. Not any more. The evolution of thinking on the issue, along with the kind of reflection brought on by the fall-out […]
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