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Guaranteed Basic Income Is Not a Panacea

Excitement is growing around the idea of a minimum income granted unconditionally to all citizens. We’ve been seeing a barrage of articles claiming that a basic income guarantee alone could “revolutionize the 21st century” and “eliminate poverty.” The list of governments seriously considering basic income is getting longer: Switzerland, Finland, and the cities of Utrecht, Calgary and Edmonton.

Source: Guaranteed Basic Income Is Not a Panacea