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Guaranteed Income in Canada?

An interesting article about the advantages of a guaranteed basic income scheme from The Globe & Mail. It rounds up a number of studies into the idea, as well as experience from developing countries where the idea has been implemented.

Essentially, Dr. Hanlon says, people will make the right choices without an aid worker peering over their shoulders. “Poverty is fundamentally about a lack of cash. It’s not about stupidity,” he says in his speeches. “You can’t pull yourself up by your bootstraps if you have no boots.”

Read the full article.

Posted in Money Systems, Resilient Investment.