Is the time finally here for universal basic income?

In the last few weeks, calls for a universal basic income have been louder than ever. The US, too, sends checks to most citizens. And rightly so – the pandemic of coronavirus calls for radical action.

14 countries around the world are experimenting with direct payments to compensate for the financial consequences of COVID.

Once a radical idea on the fringes of mainstream economics, giving money to citizens in the United States and Britain has been used as a way of protecting vulnerable people's livelihoods as the coronavirus crisis accelerates.
Universal Basic Income (UBI) involves providing citizens with cash payments each month to spend as they see fit, often in addition to welfare benefits that tend to be linked to specific needs, such as housing or childcare.
Advocates say that its simplicity allows governments to bypass time-consuming bureaucratic processes, while giving beneficiaries the assurance that they will have some income even if their circumstances change.

Since the coronavirus outbreak and the subsequent social and economic lock-up, there have been numerous appeals from economists, journalists, public figures and policy makers that the time has come for universal basic income to be implemented. However, the media and the public debate on the imminent need for universal basic income do not respond to the measures currently under discussion to address the economic crisis stemming from the coronavirus pandemic.