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🌐 Entity Universal basic income

Universal basic income

Welfare system of unconditional income

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  • Economics (1)
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  • Public Policy (1)

🏷️ Keywords

Ireland (1) · Basic Income for the Arts (1) · Universal Basic Income (1) · Artist grants (1) · Creative economy (1) · Dublin (1) · Economic policy (1)

📖 Key Information

Universal basic income (UBI) is a social welfare proposal in which all members of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform work. In contrast, a guaranteed minimum income (GMI) is paid only to those who do not already receive an income that is enough to live on. A UBI would be received independently of any other income.

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