As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...
Universal basic income was once thought politically impossible. Then came Andrew Yang and COVID-19. Basic income programs are now gaining traction, offering payments to struggling families. Many ...
The titans of AI say they're coming for your job, but UBI will solve everything. Do they have a point? Reading time 12 minutes Three years ago, OpenAI CEO Sam Altman published an essay dubbed “Moore’s ...
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The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.
Free money makes people less likely to work. If common sense doesn’t convince you of that, a new study should. In July, a National Bureau of Economic Research paper looked at the effects of a ...
In its nearly two decades of operation, GiveDirectly, the direct cash payment charity started by MIT and Harvard graduate students, has delivered more than $800 million to more than 1.6 million people ...
As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...
Universal basic income (UBI) provides regular payments to all individuals in a community, regardless of their employment status or financial need. The idea is that when everyone has enough money to ...
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