Andrew Yang’s Universal Basic Income Plan already tested in Italy

Andrew Yang's Universal Basic Income Plan already tested in Italy

What does an Ivy League-educated, Taiwanese-American entrepreneur have in common with an Italian-born, Millennial school dropout? Both are leading political movements whose popularity is based on the promise of automatically putting extra money into your bank account each month, apparently to increase the purchasing power of the most financially vulnerable families.

U.S. Presidential candidate Andrew Yang and Luigi Di Maio, the leader of Italy’s populist five-star movement, are both big believers in the notion that all eligible citizens receive a universal basic income – or, as Yang calls it, "freedom dividends." [19659002] There is nothing new about the proposal for […]

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