Monday, March 07, 2016

Canada plans to experiment with giving people unconditional free money...

Finland and the Netherlands have already shown their interest in giving people a regular monthly allowance regardless of working status, and now Ontario, Canada is onboard.

Ontario's government announced in February that a pilot program will be coming to the Canadian province sometime later this year.

The premise: send people monthly checks to cover living expenses such as food, transportation, clothing, and utilities — no questions asked.

It's a radical idea, and one that has been around since the 1960s. It's called "basic income." In the decades since it was first proposed, various researchers and government officials have given basic income experiments a try, to mixed results. Full story...

Related posts:
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  2. Parents skipping meals to feed children...
  3. The poor suffer, the multinationals make record profits...
  4. Fast food workers: you don’t deserve $15 an hour to flip burgers, and that’s OK...

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