If one were to ask a five-year-old what to do about poverty, the idea of giving everyone free money may come up. Although such a solution may seem childish at first glance, a guaranteed income for all citizens, regardless of wealth or employment status, may be just what the world needs to weather economic disparity in the years to come. Particularly, global leaders aim to use universal basic income (UBI) to adapt society to increasing globalization and automation of production. In addition to these rising threats, UBI would help to tackle the global issue of deepening economic inequality. Surprisingly, […]
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