Thursday, 31 August 2017

Researchers studied universal basic income - and found it could have an unexpected side effect

Researchers studied universal basic income - and found it could have an unexpected side effect

The potential advantages and drawbacks of universal basic income have been debated fiercely in recent months, but a new study suggests that paying everyone an unconditional salary could have a welcomed side effect. According to US think tank The Roosevelt Institute, a system of universal basic income – or UBI – in the US, under which every citizen is given a basic government salary unconditionally could actually grow the economy on a permanent basis. But there is a catch.
Read more: http://www.independent.co.uk/news/business/news/universal-basic-income-whole-economies-expand-us-think-tank-ubi-roosevelt-institute-a7921496.html?source=Snapzu

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