Wednesday, March 27, 2019

What happened to all the hype about Universal Basic Income?

Three years ago, it was hard to avoid all the Universal Basic Income (UBI) trials. First Finland announced that it would launch a UBI experiment, then Switzerland voted on (but rejected) a UBI trial. Next Ontario, Canada announced it was getting in on the game, followed by proposed experiments in Utrecht, Barcelona, California, and Kenya. Cut to two years later, in 2018, and Finland announced that its trial would not continue beyond the end of the year. Ontario politicians ended their pilot two years early. Multiple articles interpreted these moves as signs of failure, and it seemed as though we were giving up on UBI before it had even begun. Read More