Rheinau, a small town in Switzerland, is launching a new economic project, TheLocal reported. At least 650 citizens have signed on to take part in a universal basic income (UBI) experiment.
This figure equates to half the population of Rheinau and she considers it the absolute minimum level of participation required before the fundraising stage of the project can go ahead. The money for the 12-month UBI project would come from crowdfunding or donations from institutions, with the total cost of the experiment estimated at three to five million francs.
The deadline for enrolment in the project is September 17th […]
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