Trending Universal basic income (UBI) is a scheme by which the government pays everyone a certain amount of money on a regular basis, regardless of work or income status. The promoters of the plans say it can help with social issues, like crime, poverty, and chronic unemployment. As one writer put it, just giving free money to people is a simple, guaranteed solution to ending poverty, and that sure sounds like a good thing, right?
Some countries have been or are experimenting with such programs, including Finland and Canada, as well as various municipalities. The experiments have taken different forms, […]
Full Post at finance.townhall.com