A big, bold new plan for a radically revised social safety net is sweeping the world. It’s called the Universal Basic Income (UBI). In its pure form, UBI would completely eliminate the current welfare state – a sprawling and bureaucratic morass – and replace it with a single redistributive program that would provide a monthly payment to everyone. Whether rich or poor, all people would get enough money from the government to cover basic needs, like food or shelter. Sound too good to be true? That is what social scientists are trying to figure out and the outcome of […]
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