Marcos BrindicciREUTERS Universal basic income (UBI), sometimes known as guaranteed income, would provide a regular payment to citizens whether they were in work or not .
The idea behind it is that it would decrease poverty and allow people to have a level of money without any dictation from salary or benefits. Outside of raw economics it would give people the chance to work less and live more fulfilling lives in being able to choose jobs they want to do rather than what they have to do to survive.
Criticism of the idea is that it might disincentivize work. However, researchers […]
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