Is a universal basic income (UBI) a viable concept, or would it be economic disaster?
Could it encourage entrepreneurship, or would it lead to benefit dependency? Some trial schemes around the world are leading to interesting conclusions.
In Hamilton, Ontario in Canada , a group of 4,000 people are currently receiving the equivalent of £1,080 a month in a basic income pilot designed to assess whether providing some guaranteed financial support, regardless of circumstance, would be more effective than existing social security services. And Finland is coming to the end of a smaller experiment where a sample of 2,000 unemployed […]
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