[Opinion] Being open-minded about universal basic income

Submitted by monitor on Mon, 04/10/2017 - 11:33
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blogs.worldbank.org (06.01.2017) In a world riddled with complexity, the simplicity of universal basic income grants (BIGs) is alluring: just give everyone cash. Excerpts of such radical concepts have been put in practice across the globe, with the launch of a pilot in Kenya, results from India, a coalition in Namibia, an experiment in Finland, a pilot in the Unites States, a referendum in Switzerland, and the redistribution of dividends from natural resources in Alaska and elsewhere.