UK Business

Voters in Hamburg have rejected universal basic income. Many economists would agree with them

Written by Ansgar Wohlschlegel, Associate Professor in Economics, Swansea University

Universal basic income (UBI) has supporters across the political spectrum. The idea is that if every citizen received a payment from the state to cover their living costs, it this will allow them the freedom to live as they choose.

UBI could, for example, let people decide whether to work and let them live in dignity after AI...

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