Posted: Feb 26, 2018 12:22 pm
by Matthew Shute
Excellent, another promising Basic Income experiment.

As well as taking people from barely getting by to thriving, lifting people up to the level where they can be economically active helps to stimulate economies, strangely enough. Who woulda thunk?

The "no-strings" nature of UBI means we could do away with lumbering bureaucracies that force people to jump through hoops to qualify for a payment, one saving that could offset costs. UBI also means that there's never an extra incentive not to work, which can happen with some current welfare models. Nobody loses the payment by finding employment.