Money for nothing: are we ready for universal basic income?

Money for nothing: are we ready for universal basic income?

Several years ago I went to visit a progressive experimentation in the remote west of Kenya near the coasts of Lake Victoria. A handful of villages had been chosen as among the poorest in the East African commonwealth and given a money windfall. Their poverty had been measured using satellite idols indicating they had more thatched than tin roofs — a sure sign of their indigence.

The idea was to find the poorest people on dirt and picture what would happen when you gave them fund for nothing . When you do this in the developed countries it’s called an […]

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