Silicon Valley’s ‘Basic Income’ Experiment Has a Political Issue – Journalist

Silicon Valley's 'Basic Income' Experiment Has a Political Issue - Journalist

US dollars A startup accelerator, Y Combinator, plans to begin a study on universal basic income, which will involve unconditional cash payments to thousands of participants. In the course of the study, a thousand people would get one thousand dollars per month for three years and the other two thousand would get fifty dollars per month for five years.

Y Combinator said it hopes that the study would provide answers to some theoretical questions about what happens when people are given a basic income. Sputnik discussed the issue with Alyssa Battistoni, a PhD candidate in Yale University’s Department of Political […]

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