Episode 583 • • 1:04:48 - 1:10:06
583: A Pure Heart
Universal Basic Income, Mincum Experiment Results
The concept of Universal Basic Income, or "Mincum," is gaining traction following a rediscovered 1974 experiment in Canada. Dr. Evelyn Forget's analysis showed that guaranteed income led to higher graduation rates and an 8.5% drop in hospital visits. Switzerland is currently considering a proposal to pay citizens a basic wage, which proponents argue would eliminate the overhead of traditional welfare bureaucracies.