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Universal Basic Income

Universal Basic Income

    By Jim Sullivan The idea of a Universal Basic Income (UBI) came about primarily as a result of job losses caused by globalization and the automation of jobs through robotics.  In addition, we have the seemingly ever present and growing problems of homelessness and inequality in the United States. Several countries and some […]

“Basic Income”: Sense or Nonsense?

“Basic Income”: Sense or Nonsense?

By Thomas L. Knapp On June 5, Switzerland’s electorate voted 77% to 23% against a “basic income” proposal. The plan would have entitled each adult citizen to about US $2,500 per month from the Swiss government, with an additional payment per child, regardless of employment situation. Other polities, including Finland, the city of Utrecht in […]