A financial solution or economic disaster? Key words: Universal Basic Income, Welfare, Economy, COVID-19.
Abstract:
Universal Basic Income (UBI) is a liberal radical concept that aims to replace current welfare systems and seeks to enforce a fair redistribution of wealth. UBI is an unconditional welfare policy, were regardless of an individual’s socio-economic background every individual are eligible. Trails have shown positive and negative results, all of which are surprising. UBI’s initial purpose seeks to obtain economic prosperity and provide a stable economic floor for everyone. As not enough research has been conducted, I attempt this puzzle by illustrating the criticisms, benefits […]
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