Economics in Brief: Los Angeles’s Planned Basic Income Pilot Will Be America’s Largest

Economics in Brief: Los Angeles’s Planned Basic Income Pilot Will Be America’s Largest

Los Angeles’s Planned Basic Income Pilot Will Be America’s Largest

Los Angeles mayor Eric Garcetti has proposed a $24 million basic income pilot, which would provide $1,000 a month in cash to 2,000 Los Angeles families for a year. In sheer size, it would be the largest basic income pilot in America, although other basic-income experiments have run for longer periods of time.

It’s not the only basic income project happening in the City of Angels. The Los Angeles Times reports that in South L.A., a program funded by diverting money from the police budget, is launching this summer, providing […]

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