What Would Happen If We Just Gave People Money? (via FiveThirtyEight)

Banking, Financial Services, Money , Culture, Philosophy, and Humanity , Future of Work , Politics, Public Policy, Government

An read essay-style post found on FiveThirtyEight, complementing the Swiss referendum to be held on June 5th on an unconditional basic income,  Excerpt:

illustration original post

illustration original post

“The economic uncertainty surrounding basic income is huge, and the politics of bringing such a program about on a large scale are daunting. But something makes this radical proposal so exciting that people and governments are increasingly willing to try it. Basic income challenges our notions of the social safety net, the relationship between work and income, and how to adapt to technological change. That makes it one of the most audacious social policy experiments in modern history. It could fail disastrously, or it could change everything for the better.”

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