A California City Is Trying Universal Basic Income. We’ve Already Seen Why It Doesn’t Work.

A California City Is Trying Universal Basic Income. We’ve Already Seen Why It Doesn’t Work.

How would you like to receive $500 a month, no strings attached?

Stockton, California, a city outside of Silicon Valley, is providing such benefits to a group of their low income residents in a pilot version of universal basic income.

Universal basic income is a policy that gives all people a set amount of benefits without requirements or stipulations. After a brief stint of popularity in the 1970s, the idea has resurged in the public interest, with backers including innovators Elon Musk and Mark Zuckerberg , union leader Andy Stern , and even libertarian Charles Murray .The pilot program, called the […]

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