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 … [Read more...] about Ontario’s Basic Income Pilot brings new evidence about the benefits of UBI
Universal Basic Income
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 … [Read more...] about Stockton UBI experiment: recipients are spending money only to cover basic needs
This California city is hosting America’s first universal basic income trial
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 … [Read more...] about This California city is hosting America’s first universal basic income trial
How universal basic income can create more trust amongst the people
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 … [Read more...] about How universal basic income can create more trust amongst the people
How Universal Basic Income would save America billions of dollars
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 … [Read more...] about How Universal Basic Income would save America billions of dollars
