Universal Basic Income and Guaranteed Income are the two most prominent terms that usually come up when discussing direct cash assistance pilot programs, which assess whether monthly payments to participants will help reduce their poverty and even prevent homelessness.
The idea of Guaranteed Income is not new and has appeared throughout history. American economist Milton Friedman advocated for a basic income in the 1940s. Then in the 1960s, several measures that included creating a guaranteed income program to alleviate poverty made it to Congress but did not pass.
In his last book published in 1967, Dr. Martin Luther King, Jr. wrote, […]
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