A utopian idea whose time may finally have arrived
by Matt Vella
Apr 15, 2017
2 minutes
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,
You’re reading a preview, subscribe to read more.
Start your free 30 days