From boosting infant brain activity to generally improving people’s quality of life, there are many cases documenting the benefits of implementing guaranteed basic income programs. Inspired by the growing body of evidence about these benefits, a new pilot project in New Mexico will soon study its Read More...
Over the last couple of years, Universal Basic Income (UBI) has become increasingly popular, with an increasing number of cases backing up the benefits of such government programs. In Finland, for instance, people who received unconditional free money on a monthly basis did not only see their Read More...
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...
While we have seen trials of universal basic income take place in various places around the world such as Finland and Canada, we have yet to see anything of the sort in the US—until now. In the city of Stockton, California, an experimental basic income program is underway in which 130 residents Read More...
In February, the first report came out from Finland’s groundbreaking experiment in universal basic income, which gave 560 euros to 2,000 randomly selected unemployed people. The report showed receiving free money made recipients happier without making them any less likely to join the workforce. Read More...
One of the candidates running for the Democratic Party’s presidential nomination in the 2020 election is pushing for a policy that would give every American a $1,000 per month “Freedom Dividend.” Entrepreneur Andrew Yang is the candidate behind this policy and the reasons that this policy of Read More...
Existing welfare programs are a tangled mess. If welfare recipients start making too much money, they lose food stamps, medical care, and housing vouchers—essentially trapping recipients in poverty. One way around this problem is universal basic income (UBI), which guarantees every citizen a Read More...