Universal Basic Income
Universal Basic Income (UBI) is a concept where all citizens of a country are given a monetary stipend each month in order to survive. The practice is being explored in part as a potential solution to job automation in the future.

Milton Friedman - UBI - 1968

from The Gray Area:

Milton Friedman's version of UBI- The Negative Income Tax, as discussed with William F. Buckley in 1968 episode of "Firing Line".

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