The Decade of Universal Basic Income

One thing to celebrate from the 21st-century “teens” – the rise of universal basic income (UBI). We’ve started a new decade, but you could be excused for not noticing. Usually publications and writers are falling over themselves to mark such a temporal landmark, to draw all sorts of conclusions about the preceding period and what’s to come, but we’ve passed from the Teens of the 21st century into the Twenties with little more than a desultory nod to the date.

Income Inequality

Credit: Hanna Barczyk

Do markets require redistribution to avoid market failure due to excessive inequality?

Wealth inequality is escalating at an alarming rate not only within the U.S. but also in countries as diverse …

The Great Depression of the 1930s was exacerbated by a series of policy blunders. Photograph: Bettmann Archive

With growth this tepid, is it time to give ‘helicopter money’ a whirl?

Growth is the default setting for modern economies. Humans innovate and improve, find better ways of doing things. Only …

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The Significance of an Unconditional $1,000 per month

Andrew Yang’s plan to provide $1,000 in government-sponsored payments to every American adult each month — an “allowance for …

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‘Socialism for the rich’: the evils of bad economics

Article originally published on June 6th, 2019. In most rich countries, inequality is rising, and has been rising for …

Pilots & Experiments

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Hull asks to be first UK city to trial universal basic income

Hull wants to become the first UK city to test a weekly universal basic income for its residents after …

SAN JOSE, CALIFORNIA - Former foster youth and Razing the Bar co-founder Dontae Lartigue works, Tuesday, Jan. 7, 2020, at his non-profit in San Jose, Calif., helping foster youth with professional development. (Karl Mondon/Bay Area News Group)

Why one Bay Area County Is Exploring Basic Income for Former Foster Youth

When Dontae Lartigue left foster care right before his 19th birthday in 2009, finding housing in Santa Clara County …

Santa Clara County explores universal basic income for youth transitioning out of foster care
Jesse Gary reports

Santa Clara County considers $1,000 monthly payment to youth transitioning out of foster care

Transitioning into adulthood can be an arduous period for many people. But especially so for the young men and …

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Pro footballer Sadio Mane is providing UBI to a poor region of Senegal

Out of the three members of Liverpool’s trident attack, Sadio Mané is probably the most low-key when it comes to …

The Social Debate

Bryan Brulotte, who is entering the leadership race for the Conservative Party of Canada, is shown in Ottawa, on Sunday, Jan. 5, 2020. (THE CANADIAN PRESS / Justin Tang)

Candidate for Canada’s Conservative Party leadership has declared his support for a basic income guarantee

OTTAWA — When it comes to potential candidates for Conservative leadership, Bryan Brulotte isn’t exactly an outsider. He’s been …

Alvin Tedjo, former Liberal candidate for the provincial riding of Oakville North-Burlington and Liberal leadership candidate, argues basic income is the best way to fight poverty and promises to return it to Ontario if he becomes premier. - Graham Paine , Torstar

Ontario’s Alvin Tedjo states that if he were premier, he would implement a basic income guarantee state-wide

In 2017, the proposed Ontario Basic Income Pilot (“OBIP”) gave hope to communities that have struggled with rising unemployment …

India’s Former Chief Economic Adviser Recommends UBI to Boost Consumption

Former Chief Economic Adviser Arvind Subramanian on Friday said there is no space for expansionary fiscal policy and opined …

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Mitt Romney and Michael Bennet just unveiled a basic income plan for kids

On Sunday, Sens. Mitt Romney (R-UT) and Michael Bennet (D-CO) announced a bipartisan plan to do something pretty extraordinary: …

Social Justice

Success Stories

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How UBI Affects People’s Lives: A Compilation of Experiences from Basic Income Recipients

“In my experience, there is no clearer understanding of the concept of unconditional basic income than among those who …

Chuck, Janelle and Jodie inside their home in Goffstown. They were selected to receive $12,000 by 2020 candidate Andrew Yang.
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One Year on Andrew Yang’s UBI: How a N.H. Family Spent Their $12,000

How would an extra $12,000 a year change your lifestyle? Your life? The centerpiece of Andrew Yang’s presidential campaign …

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Early Results from Stockton’s $500/mo Basic Income Pilot

Stockton, California gave money to random recipients from neighborhoods where the median annual income is $46,000 – no strings …

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A photo update from 5 families receiving a basic income

In 2017, GiveDirectly launched a Universal Basic Income Program. As part of this program, we are running a randomized control …

The Basics of UBI

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The Decade of Universal Basic Income

One thing to celebrate from the 21st-century “teens” – the rise of universal basic income (UBI). We’ve started a …

Ludwig Hilberseimer, Bauhaus 3-2, 1929

New working paper explores a UBI in NYC and finds it would not lead to housing inflation

Skeptics of guaranteed income tend to worry about the policy’s inflationary effects; absent rent regulation, for instance, one might …

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The UBI Maze | Reflections on ‘The Future of Work, Technology and Basic Income

Universal Basic Income (UBI) is the proposal that the state should provide a guaranteed income floor to everybody, as …

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Eleven Nobel Laureates Who Have Endorsed Universal Basic Income

The idea of an unconditional basic income (UBI) floor where everyone starts with the same minimum amount of money as everyone …

Workforce Automation

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Let’s Rethink What Counts as Paid

As artificial intelligence and automation multiply, so do dystopian predictions that millions of employees will become redundant, their tasks …

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Robot bartending company is handing out cash to the people it is replacing

There’s no doubt that automation is going to have a massive impact on employment over the coming decades. Whether …

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The Future of Work: A VICE News Special Report

The next Industrial Revolution is upon us, and scientists, entrepreneurs, and policymakers are warning of an imminent paradigm shift …

Photographer: Spencer Platt/Getty Images North America

Amazon Is Planning to Open Cashierless Supermarkets Next Year

Amazon.com Inc. is preparing to open Amazon Go supermarkets and pop-up stores, an expansion of the company’s cashierless ambitions …