A basic solution for poverty?

Lakeland Today

It’s March 2020. Alberta is in the midst of the COVID-19 pandemic, and thousands of people are out of work and at risk of poverty due to public health restrictions. Governments scramble to give out emergency funding, contributing to rapid inflation and more financial troubles.

Was there a better way? University of British Colombia economist Rashid Sumalia thinks so.

“If we had a basic universal income across the board … then the government would not have to do that,” said Sumalia, who holds the Canada Research Chair in interdisciplinary ocean and fisheries economics.

“We would already have an [economic] base everyone could live on.”

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