3 ms·

This was experimented with in Canada for a period of time in the 70s in Dauphin, Manitoba. http://www.huffingtonpost.ca/2014/12/23/mincome-in-dauphin-manitoba_

• dghughes 11y ago
  I've read about that before I think it was a good idea but maybe not perfect. These days quite a few people work only to get on EI they use it as income then work under the table for cash. If a guaranteed minimum income were to be the same amount as EI + cash that could work but there is no way to police under the table cash work. One problem I can imagine is in some areas with really low cost of living there may be no incentive to work. You are thinking "But how can someone live on (800 Euros) $1,173 month?". Quite a few people in the countryside of where I live will survive on $5,000 per year that's $416 per month. They get their cheap beer or bootleg beer, bootleg cigarettes or buy it in bulk, grow a garden, fish and hunt. It's a subsistence lifestyle many are used to living.
• giarc 11y ago
  I believe there was a PlanetMoney podcast about it as well.