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“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 […]