Facebook cofounder Chris Hughes: US needs universal basic income

Facebook cofounder Chris Hughes: US needs universal basic income

The crazy, true story of Nixon and the basic income As the co-founder of Facebook, Chris Hughes joined the ranks of the nation’s Top 1% by the time he was in his mid-20s.

That oversized success, he says, was a wake-up call. Being part of such a small group of people achieving such wealth while others struggled to get by helped him to realize the great inequities in America’s economy .

Hughes wants to fix that.Two years ago, he cofounded the Economic Security Project, a network of policymakers, academics, and technologists working to end poverty and rebuild the middle class. […]

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