Can Basic Income Work? Facebook Wants To Find Out

Can Basic Income Work? Facebook Wants To Find Out

Chris Hughes, the Co-Founder of Facebook has just launched a $10 million dollar 2 year long initiative aimed at analyzing universal basic income.

Announced on December 8 th , the Economic Security Project (ESP) will analyze basic income, a system in which every citizen receives a monthly stipend which covers their basic needs. Project

Backed by over 100 activists, academics, and experts from Silicon Valley, this project aims to learn as much as possible about the dominant idea in the fight against poverty.ESP will be co-chaired by Natalie Foster from the Institute for the along with Roosevelt Institute Fellow […]

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