Reason.com managing editor Peter Suderman on how New Jersey’s largest city plans to test a universal basic income program.
Some residents in Stockton, California, are being given a free stipend to live on as part of a universal basic income experiment .
Universal basic income (UBI) is a modern welfare scheme through which citizens are granted a consistent, livable income from the government, without condition.Called the Stockton Economic Empowerment Demonstration, the test involves at least 100 residents who are set to receive $500 each month in guaranteed income over the course of 18 months.The money is distributed on pre-paid debit […]
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