Universal basic income What is universal basic income? Wendt: It is a regular cash payment by the government that is given on a monthly or annual basis. It’s unconditional in several respects. In contrast to many other welfare programs that you only get when you prove your willingness to work, a UBI would be unconditional in that respect. It would also be unconditional on what money you make, what you have in general and on what contribution you made to finance the UBI. Finally, it would be unconditional on your family situation, on whether you’re married or not. UBI […]
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