Universal basic income — or "free money" for everyone, without needing to work for it — might feel like an unrealistic dream. But economists have been seriously reflecting on its advantages and ...
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 ...
In the United States, the debate over a universal basic income is an exercise in "first world problems." If we simply give everyone money, will we discourage work? Will some people buy cigarettes and ...
The concept of universal basic income has a long history. Figures like Martin Luther King Jr. and Richard Nixon supported versions of UBI. Now, the US and other countries have experimented with active ...
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 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 ...
Add Yahoo as a preferred source to see more of our stories on Google. The German study found that people receiving a universal basic income felt they had more time to spend with their partners, ...
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 ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
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.
We should have these debates, of course. But we should also feel grateful that the stakes are as modest as they are. In Poor Relief: Why Giving People Money Is Not the Answer to Global Poverty, Heath ...
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