Image combination from Upsplash originals by Matt Collamer and Kate Teplaya What is a Universal Basic Income (UBI)?
On its face, the definition of a truly universal basic income is pretty straightforward: It’s an amount of cash given to everyone within a geographic area that’s then distributed unconditionally, regularly , and on a long-term basis. (Although, the most recent UBI trials have focused on those with low incomes. There are varying opinions about whether the wealthy should also receive UBI payments, or whether they should be distributed on a sliding scale based on income.)
During the Great Depression, Milton Friedman, […]
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