Universal Basic Income Explained: Is it a Good Idea?

Universal Basic Income Explained: Is it a Good Idea?

If you were entitled to a universal basic income, paid in cash, in regular installments, what would you do with your time? In 2016 Swiss activists from the Swiss Initiative for Unconditional Basic Income staged an eye-catching intervention. They carpeted Plainpalais square in Geneva with a gigantic poster asking a gigantic question: What would you do if your income were taken care of? This is the basic idea behind Universal Basic Income (UBI). In this article, we will take a closer look at UBI, its relationship to modern work and “bullshit jobs”, freedom, and the ways it could be […]

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