Universal Basic Income Is Getting a Trial in Silicon Valley

Universal Basic Income Is Getting a Trial in Silicon Valley

A pilot program in the struggling city of Stockton, California, will track the impacts of universal basic income (UBI) on some of the city’s poorest residents this year. The no-strings-attached funding — ​​ $500 per family, per month — comes courtesy of the Economic Security Project, a program co-chaired by Facebook executive Chris Hughes, and the Goldhirsh Foundation.

As it’s gained popularity in the U.S. and Europe, UBI has also gained an unlikely mix of supporters — and critics. It was part of the policy platform outlined by the Movement for Black Lives in 2016, a kind of reparation “provided […]

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