Lorrine Paradela, one of 125 participants in a basic income experiment in Stockton, California, used some of her monthly funds to purchase a newer car. For the 125 Stockton, Calif. residents lucky enough to receive a basic income of $500 a month, time was running out.
In the winter of 2018, researchers randomly selected residents of high-poverty neighborhoods to participate in the Stockton Economic Empowerment Demonstration (SEED). Designed to measure the effects of universal basic income (UBI), the project was funded by the Economic Security Project , a nonprofit that supports other guaranteed income experiments, and championed by Mayor Michael […]
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