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Universal basic income (UBI) [note 1] is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform work.
Universal basic income and negative income tax, which is a related system, has been debated in the United States since the 1960s, and to a smaller extent also before that. During the 1960s and 1970s a number of experiments with negative income tax were conducted in United States and Canada .
Universal basic income (UBI) is discussed in many countries. This article summarizes the national and regional debates, where it takes place, and is a complement to the main article on the subject: universal basic income .
He says a UBI will help people "start businesses, fix their homes, or invest in sustainable gardens." ... and just have a moderate universal basic income," says Harvard economist Jeffrey Miron, "I ...
Pope Francis has become a vocal advocate for a universal basic income. He first staked his position in a letter in 2020, calling UBI critical to the future economy. In a meeting on Friday, the ...
UBI and Silcion Valley. Universal basic income has garnered significant support within Silicon Valley. The programs have long been a passion project for high-profile tech leaders, ...
Thomas Spence, an eighteenth century English radical, was apparently the first to lay out in full what is now called a universal basic income. [117] Thomas Paine, a philosopher and one of the Founding Fathers of the United States, advocated a capital grant and an unconditional citizens pension in his 1797 pamphlet Agrarian Justice. [118]
It’s called universal basic income (UBI), and until recently in the non-Alaska United States, it was written off as a something-for-nothing pipe dream that never had a prayer of becoming actual ...