A Five-Year Basic Income Experiment is Happening in the U.S.

A Five-Year Basic Income Experiment is Happening in the U.S.

Y Combinator, the Silicon Valley technology startup-incubator that’s that offered early funding for Airbnb, Reddit, Genius, Twitch, and Dropbox, among others, has its eyes on a backing an even bigger potential disruption: basic income .

This week, the company announced that its year-long feasibility study on basic income, using a few dozen people in Oakland, California, had come to an end. Its next logical step is altogether more ambitious: a randomized controlled trial, with participants spread across two as-yet unannounced U.S. states.

In the upcoming study, 3,000 people whose median household income is below the average income in that county will […]

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