Richard Branson Says It’s Time For Universal Basic Income

Richard Branson Says It's Time For Universal Basic Income

You’ve probably heard a little bit about the concept of universal basic income , or UBI, which is the idea of a guaranteed financial income for all the citizens of a given country in the hopes that such an income is the best way to reduce poverty and improve the economy for everyone. Some say it’s a pipe dream or too good to be true, but Virgin billionaire Richard Branson is a proponent of the idea, saying as much in a recent interview with The New York Times:

"A basic income should be introduced in Europe and in […]

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