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 … [Read more...] about Why one California city is extending their UBI experiment
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?
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
The coronavirus has prompted governments around the world to think of ways to pandemic-proof the world. One of the main ideas that is gaining traction is universal basic income (UBI), something we’ve written quite a few stories about (see here and here). If you’re not familiar … [Read more...] about Spain is on the verge of implementing a basic income program
The rough premise of a basic income (BI) involves distributing small cash stipends to people, with no restrictions on how it can be spent. While some economists dismiss BI as inefficient and expensive, evidence shows it has real benefits. Recent experiments—in places as far … [Read more...] about This is what happens when people win a basic income raffle