Money for nothing? Swiss vote on basic income for all

Voters are being asked whether they want all Swiss citizens, along with foreigners who have been legal residents in Switzerland for at least five years, to receive an unconditional basic income, or UBI. “If you pay people to do nothing, they will do nothing,” Charles Wyplosz, economics professor at the Geneva Graduate Institute, told AFP. Proponents reject that, arguing people naturally want to be productive, and a basic income would simply provide them more flexibility to choose the activities they find most valuable.

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