A Universal Basic Income (UBI) is an innovative economic policy which provides individuals with a regular, unconditional sum of money in order to meet basic needs. This sum is typically not linked with participation in the labour market or any other form of activity, meaning UBI provides guaranteed long-term financial security to all citizens regardless of their extra-economic status. The ultimate goal of providing a UBI is to reduce poverty and inequality, while also incentivizing greater economic mobility within society.

See also: ubi, game theory, evolutionary psychology, crypto