Friday 28 December 2018

Universal basic income had a rough 2018

Universal basic income had a rough 2018

Some of the biggest and most promising experiments were plagued by delays and shutdowns. The idea is that all citizens receive a set amount of money from the government to cover food, housing, and clothing, without regard to income or employment status. This minimum stipend can be supplemented with wages from work. Advocates say it will help fight poverty by giving people the flexibility to find work and strengthen their safety net, or that it offers a way to support people who might be negatively affected by automation.
Read more: https://www.technologyreview.com/s/612640/universal-basic-income-had-a-rough-2018/?source=Snapzu

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