The universal basic income proposal was roundly defeated by the electorate in Switzerland, with 77 per cent voting against. Photo: Xinhua
Patrick Low
Opinion

Opinion

Macroscope by Patrick Low

Guaranteed income for everyone a big idea deserving of careful debate

Stagnant wages and job fears make universal basic income an attractive idea, but there are drawbacks

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The universal basic income proposal was roundly defeated by the electorate in Switzerland, with 77 per cent voting against. Photo: Xinhua
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