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Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?
This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…
Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans
Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…
Allie Kelly,Noah Sheidlower
US stocks rise and yields tumble after Fed's Jerome Powell vows 'unconditional' steps to tame inflation
Powell's relatively hawkish testimony helped lower both bond yields and commodity prices as concern…
Matthew Fox
The Labour party is considering giving people unconditional free money
Basic income is rapidly gaining popularity in some circles, with a number of experiments with the u…
Will Martin
Hillary Clinton nearly ran for president on a policy of giving people unconditional free money
Many of the greatest supporters of basic income are in the tech and venture-capital world. These su…
Chris Weller
Another European city will experiment with giving people unconditional free money
Leonore Porchet, the President of Lausanne's Green Party - a group which heavily advocates the expe…
Will Martin
Here's more evidence that giving people unconditional free money actually works
Data came from the NGO GiveDirectly, which for the last five years has been wiring small amounts of…
Chris Weller
The inside story of one man's mission to give Americans unconditional free money
Fast forward to the summer of 2015, and a kooky idea called basic income had started to make intern…
Chris Weller
There is a growing view that global central banks perpetuating a kind of ‘inequality’ — and it may be happening in India too
While it may work well as a temporary measure, staying with the plan for a long time may resul…
Scotland could become the first part of the UK to trial giving away unconditional free money
The details of exactly who would fund the trial are not yet clear. The Scottish government has some…
Thomas Colson
President Obama hints at supporting unconditional free money because of a looming robot takeover
"The way I describe it is that, because of automation, because of globalization, we're going to hav…
Chris Weller
President Obama: We'll be debating unconditional free money 'over the next 10 or 20 years'
But many people pushing for UBI, like Y Combinator President Sam Altman, who is launching a UBI exp…
Chris Weller
A California city gave some residents $500 monthly stipends. Here's the breakdown of how they spent the money over one year.
Most of the monthly stipends went toward food and merchandise. Less than 1% was spent on alcohol or…
Aria Bendix
'Give People Money' is a useful book about a bad idea
When discouraging business regulation, conservatives often talk about the importance of local knowl…
Josh Barro
How it cost me $10,000 in 10 weeks to raise a puppy in NYC, and why it's the best money I ever spent
Everyone knows New York City is an expensive place for a person to live, but it may surprise you to…
Jessica Frisco
Canada is launching an experiment that will give 4,000 people free money until 2020
In general, however, the data seem to tilt in basic income's favor. One study, published in late 20…
Chris Weller
Thousands of people in Kenya are getting free money for 12 years in an experiment that could redefine social welfare around the world
In the past couple of years, basic income has tiptoed into the mainstream. Around the time Teti was…
Chris Weller
I get $1,000 a month in basic income - here are the biggest benefits to free money
Earlier this year, I lost one of the closest friends I ever had. He was my dog and we'd journeyed t…
Scott Santens
No money is exchanged at Burning Man - but here are the 2 things you can actually buy
According to the third principle of the festival: "In order to preserve the spirit of gifting, our …
Aly Weisman
Here's how the fantasy of free money is becoming a reality in 12 countries - and possibly the world
In over a dozen countries and many more cities around the world, academics and policymakers have la…