The pie-in-the-sky UBI

The pie-in-the-sky UBI

The UBI pilot project in Kenya provides a guaranteed poverty-ending income for those who receive it. By Laura Tyson and Lenny Mendonca/Berkeley

According to the conventional wisdom in Silicon Valley, robots will soon eat everyone’s job, and a universal basic income will become necessary. Lately, tech titans are especially eager to extol the results of a UBI pilot project in Kenya that is being funded largely by Silicon Valley philanthropists.
While the idea of UBI often arises during periods of economic and social stress, this is the first true test of it. The Kenya project provides a guaranteed poverty-ending income […]

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