Michael D. Tubbs, mayor of Stockton, California, initiated a daring experiment in February 2019. He randomly selected 125 residents at or below the city's median household income to receive $500 a month for 24 months. Two years later, the Stockton Economic Empowerment … [Read more...] about From pilot to policy: a closer look at guaranteed income initiatives in the US
Guaranteed income for poor mothers boosts infant brain activity
A new study published in the Proceedings of the National Academy of Sciences, that uses data from the Baby’s First Years study, put forth results that offer a strong argument for the implementation of basic or guaranteed income payments for families. The study demonstrates … [Read more...] about Guaranteed income for poor mothers boosts infant brain activity
Compton to launch America’s biggest guaranteed income program
In 2019, the city of Stockton, California, became the first city in America to launch an experimental guaranteed income program that would provide 125 residents with monthly payments of $500 over the course of 18 months, with no strings attached. From the first results of … [Read more...] about Compton to launch America’s biggest guaranteed income program
This study gave homeless people $5,660 each. The results are beautiful
In 2018, a Vancouver-based charitable organization called Foundations for Social Change started a groundbreaking research project that gave cash payments of $7,500 CAD ($5,660 USD) to 50 homeless people. The idea was to check on recipients over the course of a year to see how … [Read more...] about This study gave homeless people $5,660 each. The results are beautiful
Spain is implementing a universal minimum income. What is that?
In April, we shared a story about the Spanish government’s plans to introduce a basic income program—though it wasn’t clear whether it would be implemented on a country-wide scale. This week we got to know that Spain has decided to implement what it’s calling a national minimum … [Read more...] about Spain is implementing a universal minimum income. What is that?