Universal basic income (UBI) schemes are often rejected out of hand as too expensive. In some countries, however, paying every resident a basic income sufficient for survival could actually result in budget savings. That’s the surprising conclusion in a fresh policy brief from the Organization for Economic Cooperation and Development (OECD).
The OECD decided to contribute to the basic income debate because an increasing number of countries are willing to experiment with it, and it’s become fashionable for leftist politicians to include it in their platforms. Two countries, Finland and Canada, are already running large-scale trials, and the Netherlands […]
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