Universal Basic Income: Wild Experiment or the Solution to Poverty?

Universal Basic Income: Wild Experiment or the Solution to Poverty?

Stockton, Calif., and tech entrepreneurs are exploring whether access to a no-strings paycheck has the potential to end poverty.

Michael Tubbs giving a TEDx talk, in 2012, before he was mayor of Stockton, Calif. (Flickr/Tamer Shabani)

Mayor Tubbs’ office has partnered with the Reinvent South Stockton Coalition and the Economic Security Project — co-chaired by Facebook co-founder Chris Hughes — to launch the Stockton Economic Empowerment Demonstration (SEED). Starting in early 2019, 100 Stockton residents will receive $500 a month for 18 months. The goal is to document the effect of a guaranteed income on their quality of life.Natalie Foster, […]

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