Universal basic income (UBI), often dubbed 'free money', is being holistically studied in Germany through the Basic Income Pilot Project, one of the largest studies of its kind. UBI proposes a monthly allowance that individuals receive unconditionally, encouraging voluntary work without sacrificing financial support. The study involved over 2 million applicants with 122 selected participants receiving €1,200 monthly for three years. Economists and public figures endorse the concept, driving forward discussions on its feasibility and real-world implications of easing financial burdens.
A long-term study, the Basic Income Pilot Project in Germany, investigates the implications of universal basic income, revealing insights into its potential effects on work motivation.
The concept of universal basic income, or free money, is gaining traction, supported by figures from diverse backgrounds, providing a foundation for further empirical studies.
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