eBay Founder Begins Funding Universal Basic Income Program

eBay Founder Begins Funding Universal Basic Income Program

The founder of eBay, Pierre Omidyar, has pledged nearly $500,000 to a program that will provide a basic income to 6,000 people over the next 12 years, according to a recent report by the International Business Times ‘ AJ Dellinger.

The program, which is called GiveDirectly, plans to use the data it collects on the 6,000 people receiving the basic income over the next 12 years to further research into the more widespread viability of a universal basic income (UBI), which is also referred to as a basic income guarantee or several other names from organization to organization and country […]

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