Universal Basic Income – A cure for poverty? by matbaker

Universal Basic Income – A cure for poverty?

<html> <p>If you are unfamiliar with this concept, Universal Basic Income (UBI) is a relatively new economic idea that advocates paying every adult (perhaps everyone, from cradle to grave) within a country a basic income from state coffers.&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<img src="https://s26.postimg.org/jqpldgwsp/UBI1.gif" width="320" height="160"/></p> <p><a href="https://medium.com/@Mark4UBI/ubi-universal-basic-income-explained-simply-f2c752ad3b3d"><em>Source</em></a></p> <p>The idea has been developed, giving rise to different variations, but they all seem to agree on the following criteria:<br> <br> &nbsp;· It is paid periodically (typically every month)</p> <p>&nbsp;&nbsp;· It is a cash payment (ie it can be spent on whatever the recipient decides)&nbsp;</p> <p>&nbsp;&nbsp;· It […]

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