The Basic Income Guarantee Experiments of the 1970s: a quick summary of results

The Basic Income Guarantee Experiments of the 1970s: a quick summary of results

So many countries are currently conducting or seriously talking about starting Universal Basic Income (UBI) experiments that it’s becoming hard to keep track. These are not the first experiments in UBI or other forms of Basic Income Guarantee (BIG). Namibia and India conducted UBI experiments in the late 2000s and early 2010s. And between 1968 and 1980, the U.S. and Canadian Government conducted five Negative Income Tax (NIT) experiments. They were the world’s first major social science experiments of any kind. They are worth reviewing because they provide not only inspiration and precedent but also relevant data and important […]

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Your email address will not be published.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.