A universal basic income, or UBI, is a government policy that gives every citizen a regular sum of money. It’s been a hot topic in recent years because of fears that automation will eliminate jobs and leave millions of people without an income. However, the idea hasn’t been tested on a wide scale yet. Norway
A universal basic income is a cash payment to all citizens without reference to their employment status or wealth. It is also known as a “minimum income guarantee.”
Experiments with unconditional cash benefits around the world have proven to reduce poverty and boost recipient well-being. […]
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