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Swiss Village Says ‘Yes’ to 2,500-Franc a Month Free Money Trial
It’s hard to say ‘no’ to something for nothing. A village in Switzerland has decided to go ahead with an experiment on basic income, with a payout of 2,500 francs ($2,570) per month. More than 50 percent of the inhabitants of Rheinau, close to the German border, signed up for the project, according to the organizers website. At least half the 1,300 inhabitants needed to say ‘yes,’ and the count stood at 692 on Monday. The decision comes two years after a proposal for a nationwide unconditional state stipend failed to pass in a national vote. The next step is to raise money to finance the plan via ... (full story)
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