Why we should all have a basic income - World Economic Forum The idea is called unconditional or universal basic income, or UBI It’s like social security for all, and it’s taking root within minds around the world and across the entire political spectrum, for a multitude of converging reasons Rising inequality, decades of stagnant wages, the transformation of lifelong careers into sub-hourly tasks, exponentially advancing technology like robots
What we know and what we dont about universal basic income The debate on UBI is often polarized and rooted in selective data To allow for informed policy, an open conversation needs to be had on what we actually know and what we are missing Trials show how UBI performs in both stable and volatile settings
Does universal basic income work? These countries are finding out . . . UBI helping vulnerable young people Some of the most vulnerable young adults in the United Kingdom are being offered a financial helping hand as they move out of the state care system The devolved government in Wales has announced a guaranteed income scheme for 18-year-olds who are leaving care homes and foster parents
Universal basic income gets people back to work - US trial | World . . . Giving people money can encourage them to become more economically productive This seemingly counterintuitive conclusion is one of the findings of a real-life trial of the consequences of universal basic income (UBI) programmes – where people receive a regular payment, usually from the state