A Universal Basic Income (UBI) is not a new idea. It has garnered support over the centuries from scholars and intellectuals, from Thomas More in his 1516 Utopia to Thomas Paine, Charles Fourier, Abraham Lincoln, Henry George, Bertrand Russell, Franklin Roosevelt and Tony Atkinson. Still, a global revival is well in train: a UBI is at the forefront of policies in the United Kingdom, Greece and Spain, and trials are under way in India, Finland, Brazil and the Netherlands. A UBI is a simple idea that entails unconditionally providing every resident (child and adult) of a particular geographic location with a regular subsistence wage.
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