Income

    Germany is the latest country – following Canada, Finland, India, and Namibia – to conduct an experiment in the provision of a universal basic income: 120 volunteers will get €1,200 per month for three years, replacing means-tested social security payments. It’s not a new idea; Sir Thomas More wrote about it in his socio-political satire Utopia in the 16th century. But since the 1980s, it has become a recurrent proposal from those seeking to create a fair and sustainable economy. Interestingly, the Finnish experiment concluded that people out of work felt happier, but it didn’t lead to higher levels of employment.

    — Wayne Visser

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    From Purpose Inspired: Reflections on Conscious Living, Volume 4. Buy on Lulu ↗