Jack Dorsey donates $15 million to fund more guaranteed income pilots
Back in July, we wrote about the founding of a coalition called Mayors for Guaranteed Income, which was started by Stockton Mayor Michael Tubbs. The group’s purpose is to start piloting guaranteed income programs in cities as a way to support people who are struggling during the economic crisis Read More...
Pittsburgh launches ‘guaranteed income’ program with Jack Dorsey donation
Last week, we wrote about “guaranteed income” and the support it's getting from mayors across America, who formed a network called Mayors for a Guaranteed Income. That group was launched by Stockton, Calif. Mayor Michael Tubbs, who launched his own guaranteed income program in 2018. But Read More...
Why one California city is extending their UBI experiment
In the winter of 2018, the city of Stockton, California chose 125 residents to receive a basic income of $500 a month. The experiment is part of the Stockton Economic Empowerment Demonstration (SEED) program designed to measure the effects of universal basic income (UBI). We shared an article Read More...
Stockton UBI experiment: recipients are spending money only to cover basic needs
The first results from a Universal Basic Income (UBI) experiment in Stockton, California are in—and guess what? They’re already disproving one of the most popular arguments levied against UBI, which is that recipients will use the money on frivolous purchases. In Stockton, the early results Read More...