James Surowiecki's The Case For Free Money

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James Surowiecki, in “The Case for Free Money,” advocates a universal basic income as a kind of insurance in an ever-changing economy, oppose to a governmental handout. During an experiment known as “Mincome” which provided citizens with guaranteed basic income; the life of recipients exponentially improved. For example, the safety increased as well as the education attendance rate while work rates faintly declined. Surowiecki explains a universal basic income as a stipend which is given to every adult citizen, every year from their federal government. The guaranteed basic income receives support from Democratic and Republican parties alike. To further illustrate what UBI is Surowiecki states “the UBI is seen as a means of ending poverty, combating

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