Y Combinator’s Bold Basic Income Plan Is off to a Rocky Start

Y Combinator’s Bold Basic Income Plan Is off to a Rocky Start

Ideas strictly in the realm of FinTech development aren’t the only ones making waves amongst finance industry insiders and economists. Universal basic income, a program in which citizens of a society receive a predetermined amount of money with no strings attached, has gained its fair share of media attention in recent years.

And Y Combinator wants to put it to the test. But the famous startup incubator is having trouble getting traction behind its trial run — and it may be due to the general public’s lack of enthusiasm for the idea. Is Basic Income Feasible?

Headquartered an hour and […]

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