Flag of Switzerland A small town in Switzerland will introduce a universal basic income as an economic experiment; the project is being spearheaded by Rebecca Panian, a Swiss film-maker.
The village of Rheinau, near Switzerland’s border with Germany, will introduce a universal basic income (UBI) of 2,500 Swiss francs (slightly more than US $2,500) per month, which every resident of the village who signed up for the experiment, would receive regardless of whether they work or not.
The village council decided to go ahead with the scheme after more than half of its 1,300 inhabitants signed up for it, and efforts […]
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