What happens if we give everyone 'free money'?

August 2024 ยท 1 minute read

Given the devastating global economic impact of the pandemic, it isn't surprising that interest in the idea of a universal basic income is spreading.

Countries around the world, from Finland to Kenya, are trialing experiments in providing people with a guaranteed source of basic income. But is this idea really the economic panacea that some would argue, or does giving people 'free money' cause more problems than it solves?

ncG1vNJzZmivp6x7o67CZ5qopV%2Bnsqa4jq%2BgnZ2fZL1xhcJtbZ2jX6y1osCMoZipqJWjwG61xWaunmWXnsOmecSvnKuxn6OybrLRnpxmpZ%2Bjsrp5