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Wednesday Jul 18, 2018
Time for a UBI?
Wednesday Jul 18, 2018
Wednesday Jul 18, 2018
Chicago is about to test an idea whose time, depending on who you talk to, might or might not have come: universal basic income.
According to The Intercept, Chicago Alderman Ameya Pawar, who failed in a bid to become the Democratic nominee for governor, has convinced 36 of his colleagues on the city council to back a pilot UBI (universal basic income) program of $500 a month for 1,000 families.
What’s UBI? It’s free money from the government for everyone, regardless of need, which raises the obvious question about this pilot program: which 1,000 families get the money, and how will the city determine which 1,000 families?
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