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A Subway Sandwich shop displays a sign announcing the acceptance of food stamps on E. Main St. in Bridgeport, Conn.
A Subway Sandwich shop displays a sign announcing the acceptance of food stamps on E. Main St. in Bridgeport, Conn.
(Neville Elder For The Globe and Mail)

Tallying the cost of giving everyone a basic income

The utopian fantasy of a universal basic income (UBI) has re-surfaced in economic circles recently, as Switzerland has started the process to hold a national referendum on whether to give every Swiss citizen a cheque for 2,500 Swiss francs ($3,012) each month, regardless of their income or employment status.