The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.
A number of versions of this idea have been proposed. There have also been a number of experiments with the idea, and at least one very rigorous study of the effects. I’ll get to some of that below.
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When terms like "universal basic income" or "guaranteed basic income" are mentioned, folks generally raise an eyebrow, either out of curiosity or out of criticism. In either case, Alaska could be ...
A new comparative study on minimum income protection by the Max Planck Institute for Social Law and Social Policy reveals that, in many countries, minimum income schemes remain far from meeting their ...
The brave new world of artificial intelligence is at our doorstep. The technology promises to revolutionize the workplace. However, some fear that AI will create mass unemployment. OpenAI CEO Sam ...
By Stephen NashThe plan to provide a basic minimum income comes in a variety of flavors and under several labels. The differences can be important. But the core idea’s simple: we pay taxes to the ...
Archbishop Shane Parker, primate of the Anglican Church of Canada, has called on the federal government to implement a ...
Cook County, which includes Chicago, ran a two-year basic income experiment in 2022. During the pilot, thousands of residents received $500 a month to spend however they wanted. The county has now ...
Philippe van Parijs is Professor at the Faculty of Economic, Social and Political Sciences of the University of Louvain (UCL), where he has directed the Hoover Chair of Economic and Social Ethics ...