Williams: When people can rely on a consistent source of income, the uncertainty they face is reduced – allowing them to make long-term decisions
KUALA LUMPUR: As financial pressures mount and the cost of living continues to rise, universal basic income (UBI) is fast gaining momentum, emerging as a serious policy consideration across the globe.
While critics often question the sustainability of “giving out free money,” economist Geoffrey Williams argues that a stable, guaranteed income can lead to greater personal empowerment and improved economic outcomes.
