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Berlin startup out to prove universal basic income is workable

Mein Grundeinkommen carrying out social experiment with cash from 55,000 donors

Published Mon, Apr 17, 2017 · 09:50 PM

    Berlin

    MIKO from Berlin may only be five, but he already has 1,000 euros (S$1,485) per month to live on - not from hard graft, but as part of an experiment into universal basic income.

    He is one of 85 people, including around 10 children, chosen by startup Mein Grundeinkommen (My Basic Income) to receive the payments for a year, starting from 2014.

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