TIME

A utopian idea whose time may finally have arrived

After decades of discussion and incomplete study, guaranteed income is finally being put to the test globally

SOMETIMES, ALL IT REALLY TAKES to change the course of history is a bit of dusting. That’s happened recently as economists and policymakers began seriously re-examining the 500-year-old concept of a basic-income guarantee. The most debated version, known as universal basic income (UBI), is simple enough: the government would pay every adult citizen a salary, regardless of wealth, employment income or if they worked at all. Doing so, theory goes,

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