Universal Basic Income Study In U.S. Plans To Invest $10 Million

Universal Basic Income Study In U.S. Plans To Invest $10 Million

Money The Economic Security Project wants to end extreme poverty

If an entire population received a flat payment, would that help defeat poverty? That’s exactly what the Economic Security Project is trying to find out.

The ESP — a group made up of venture capitalists, activists and educators — plans to invest $10 million in several Universal Basic Income projects by the end of 2018.Universal Basic Income works by giving an entire population a specific amount of monthly free money, which would not only help fight extreme poverty, but in theory it would also help improve the economy, health, and […]

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