When discussing the gaurunteed minimum income in Saudi Arabia:
“As a result, most people have sinecure positions that don’t contribute to the economy.”
during interview on Econtalk
SINECURE : a job or position in which someone is paid to do little or no work.
from Medieval Latin “beneficium sine cura” … or benefits without care
SINE : latin – without (sans)
CURA: latin – care (cure)
thanks to Myriam webster and etymonline.