How ‘loopy‘ concepts like Common Primary Earnings get rolling

WASHINGTON – People are still scratching their heads over the city of Stockton, California, which went bankrupt only a few years ago, instituting a new program called Universal Basic Income, which will pay low-income people $500 a month, no questions asked.

How do “crazy” ideas like this get started? Who is behind promoting notions like this? Who’s funding new ideas about better ways to redistribute wealth?

The answer isn’t surprising really. Rich people are.People like those in the Economic Security Project, including like Facebook’s Chris Hughes, Dustin Moskovitz, Google.org and an organization they funded called GiveDirectly, a platform for direct charitable […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.