A number of versions of this idea have been proposed. There have also been a number of experiments with the idea, and at least one very rigorous study of the effects. I’ll get to some of that below.
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.
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, ...
New York City is one of many areas across the country offering guaranteed basic income to low-income residents.joSon/Getty Images Guaranteed basic income programs can help low-income participants ...
Martin Luther King Jr. advocated for a guaranteed annual income in his 1967 book "Where Do We Go From Here?" ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. What would it be like to have all your basic needs met ...
Cook County, which includes Chicago, ran a two-year basic income experiment in 2022. During the pilot, thousands of residents received $500 a month to spend however they wanted. The county has now ...
A new comparative study on minimum income protection by the Max Planck Institute for Social Law and Social Policy reveals that, in many countries, minimum income schemes remain far from meeting their ...
Some critics of basic income programs say that giving people "free" money will make them less likely to work. But a new study from Germany has found the opposite. The long-running basic income study, ...