Santa Clara County, home to Silicon Valley, is considering a basic-income pilot that would give $1,000 per month to young adults transitioning out of foster care.High housing costs and a lack of affordable housing have made these adults vulnerable to homelessness.Like the basic-income trial in Stockton, California, the pilot would test whether guaranteeing free money to citizens improves their quality of life.Visit Businessinsider.com for more stories.Silicon Valley seems to be ever more curious about basic income.The idea of providing a financial safety net in the form of free money has gained favor among Facebook co-founder Mark Zuckerberg, Slack co-founder […]
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