[Craig Axford]
SUMMARY: This article contends that technological and economic changes have prevented Europe from solving its unemployment crisis. The continent has a glut of highly skilled and educated workers, but few places to put them. According to the author, an unconditional basic income would enable Europe to utilize its largely untapped human potential in ways it currently cannot, and with growing attention being paid to inequality, it may be getting to close to giving it a try.
Matthew Timms, “Will unconditional basic income solve Europe’s problems?”, World Finance, March 18, 2014