Universal basic income (UBI) has become the topic of discussion in all over the world now. While the discussion in the West and developped world is led by the fear of loosing jobs due to Automation , but in developing countries UBI is a magical tool to eradicate poverty and inequality.
But ironically UBI is not a recent idea , rather it finds its origin in the 18th century.
Tom Paine was the first known advocate of UBI.
UBI is an idea where everyone will be paid an unconditional sum of money periodically. UBI has three basic pillars Unconditionality , Universality […]
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