So says Annie Lowrey, the author of a new book called “Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World.”
Giving cash directly to poor people has been shown to alleviate poverty in countries like Brazil, Mexico and India. And now, techies like Facebook co-founder Chris Hughes and startup incubator Y Combinator are beginning to advocate for similar policies in the U.S.
Often lumped under the label of “universal basic income,” but not always universal in fact, these policies would give everyone (or everyone under a certain income level) enough money to stay […]
Full Post at www.appleheadlines.com