INTRODUCTION
In 2016, Swiss voters rejected proposals for a Universal Basic Income (UBI) in a referendum [Ref: Financial Times ]. If passed, it would have seen all Swiss citizens receive a guaranteed yearly payment, regardless of their employment status. Parties opposed to UBI argued that it would damage the economy by removing people’s motivation to work, and incentivise excessive immigration. In the same year, the UK Government ruled out the scheme as unaffordable. [Ref: Independent ]. Nevertheless, UBI, touted as ‘the dangerous idea of 2016’, continues to attract support from across the political spectrum. It was in the UK […]
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