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
basic income
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?
This is what happens when you give emergency cash to gig workers
What happens when you give gig workers no-strings-attached emergency cash grants of up to $1,000? In a new study, researchers found they were able to get back to work quicker after an emergency, felt less stressed, and, in some instances, got on track toward new financial goals, … [Read more...] about This is what happens when you give emergency cash to gig workers
Coronavirus exposed the social safety net for what it truly is: a good idea
While there are many grim aspects of coronavirus and the ensuing quarantine, we can not deny that some very positive developments are taking place. At the policy level, many of the ideas that were once deemed crazy are now being seen as viable. Suddenly even federal lawmakers who … [Read more...] about Coronavirus exposed the social safety net for what it truly is: a good idea
