READ HERE - Article by Rachel Loxton
More than 2.1 million people applied to be part of Germany's first long-term universal basic income project. Could it be a future model for the country? We spoke to the project manager.
It sounds like a dream come true: imagine waking up every month to €1,200 delivered into your bank account without having to work for it.
Well, that's exactly what will happen for just over 120 people in Germany from next year. They will receive the monthly cash injection from spring 2021 for three years, as part of the Pilotprojekt Grundeinkommen (Basic Income Pilot Project) study.
The aim of the project, which is being supported by the German Institute for Economic Research (DIW Berlin) as well as scientists from the Max Planck Institute and the University of Cologne, is to gain a scientific understanding on how people's behaviour and attitudes change when they receive money regularly without conditions.