Inside ‘The Bootstraps’: The Project That Hands Out Money To Test Universal Basic Income System

Inside ‘The Bootstraps’: The Project That Hands Out Money To Test Universal Basic Income System

Just imagine: every week you get a check, which can cover your basic living expenses. Not a credit or something you have to return. Guaranteed check for $1000. Sounds like dreams come true, right? But what if I told you that it’s not a fairytale, but reality! How it works

This concept of Universal Basic Income (UBI) is investigated by Bootstraps project. According to Basic Income , UBI is periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement.

Because it’s impossible to test this idea, giving money to all Americans, Bootstraps decided to […]

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