BUSINESS
11/12/2013 01:11 pm ET

Swiss Proposal Would Guarantee Minimum Monthly Income For All Citizens

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Every month, every Swiss person would receive a check from the government, no matter how rich or poor, how hardworking or lazy, how old or young. Poverty would disappear. Economists, needless to say, are sharply divided on what would reappear in its place — and whether such a basic-income scheme might have some appeal for other, less socialist countries too.

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