2020 in review: Calls for universal basic income on the rise
Humans 16 December 2020 Nonglak Bunkoet/Legrand/Alamy With the coronavirus pandemic causing a sharp rise in unemployment, one idea is rapidly growing in popularity: universal basic income (UBI), in which the government pays people a regular sum, no strings attached. A Finnish study published in May (although carried out in 2017 and 2018) with 2000 unemployed people found that UBI boosted recipients’ financial well-being, mental health and cognitive functioning, and also modestly improved employment rates. Pe...