One For All New Pilot
Stockton, California, recently started an experimental basic income program . The concept is simple: 130 residents will receive monthly payments, no strings attached, over the course of 18 months. The first payment was delivered in February.
When the experiment is complete, according to The Los Angeles Times , city authorities will pore over how people spent the money and how it changed their lives — resulting in a study that could provide crucial insight into the economics of basic income. Basic Income Participants aren’t exactly getting lifted out of poverty — the city is paying […]