Researchers in Germany have announced a new trial of Universal Basic Income , the latest in a string of high-profile pilots of the policy.
Universal Basic Income (UBI) could sound too good to be true — the government gives you money with no strings attached.
The policy involves giving all citizens a regular cash payment and is meant to ensure a minimum standard of living for everyone in society. The payout is not means tested — meaning even the well-off get it — and not restricted, meaning people can spend it on anything. Some believe a UBI system could ultimately replace […]
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