Economic Fallout From COVID-19 Continues To Hit Lower-Income Americans the Hardest

Half of adults who say they lost a job due to the coronavirus outbreak are still unemployed By: KIM PARKER, RACHEL MINKIN AND JESSE BENNETT. It’s been roughly six months since the coronavirus outbreak sent shockwaves through the U.S. economy. While the labor market has recovered somewhat and early stock market losses have been reversed, many Americans continue to face deep financial hardship. A new Pew Research Center survey finds that, overall, one-in-four adults have had trouble paying their bills since the coronavirus outbreak started, a third have dipped into

Income Inequality

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GoodDollar Begins Delivering Universal Basic Income Globally via Blockchain

By: Lawrence Wintermeyer. — With enforced shutdowns driving governments to enact emergency stimulus measures and airdrop funds into citizens’ …

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Study shows cities have stopped providing middle-class work in recent decades — especially for Black and Latino workers.

The urban job escalator has stopped moving Study shows cities have stopped providing middle-class work in recent decades — …

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The dignity in UBI is in being unconditionally there for each other

By: David Brancaccio and Daniel Shin Millions of eligible Americans received an emergency aid payment of $1,200 earlier this year when …

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Money and happiness are more strongly related now than in the past, and represents another argument for UBI

Money buys even more happiness than it used to Jean Twenge   Many factors determine happiness, but one has stirred considerable …

Pilots & Experiments

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St. Paul, Minnesota, might test basic income using CARES Act money

St. Paul could become the latest American city to provide low-income residents with a guaranteed monthly income as part …

Mayor Robert Garcia (Photo by Scott Varley, Daily Breeze/SCNG)

California’s Long Beach City Council to vote on the first step to create a UBI program

By: HAYLEY MUNGUIA  — Should the Long Beach government give monthly cash payments to its residents? That’s a question the …

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Basic income could virtually eliminate poverty in the UK at an annual cost of 3.4% of GDP

Intuition is wrong when it comes to calculating the true cost of basic income – the UK can easily …

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Three-year UBI pilot to be launched in Germany, funded by over 140,000 people

By Robert Köhler — What change would 1200 euros per month make? The idea of ​​an unconditional basic income …

The Social Debate

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17 percent of Canadians now see basic income as their topmost issue

By: Kerri Breen. –   Canadians want Ottawa to stay focused on the coronavirus pandemic and the economy during the new session …

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The US Safety Net Is Degrading by Design

By Mimi Abramovitz, Deepak Bhargava and Tammy Thomas Miles. — The pandemic has thrown millions of people out of work while mean-spirited government …

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How the Monthly Economic Crisis Support Act could end poverty in the U.S.

By: Noah Berlatsky. — Earlier this month, Congress failed to pass Republicans’ $300 billion coronavirus economic relief bill. Democrats refused …

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A new study from Rwanda is the latest evidence for just providing people money

By: Kelsey Piper. — In the last decade, organizations working to improve the lives of people in poor countries have …

Andrew Yang

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Why Andrew Yang’s Push for Universal Basic Income No Longer Seems Unrealistic

Why Andrew Yang’s push for a universal basic income is making a comeback By: Yelena Dzhanova KEY POINTS: For …

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Andrew Yang: It’s a ‘ridiculous fantasy’ to think America’s economy will snap back to normal

Andrew Yang: It’s a ‘ridiculous fantasy’ to think America’s economy will snap back to normal By: Matt Egan, CNN Business …

Democratic presidential candidate entrepreneur Andrew Yang speaks at the Charles H. MacNider Art Museum during a campaign event, in Mason City, Iowa. 
Mandatory Credit: Photo by John Locher/AP/Shutterstock (10532388f)
Democratic presidential candidate entrepreneur Andrew Yang speaks at the Charles H. MacNider Art Museum during a campaign event, in Mason City, Iowa
Election 2020 Andrew Yang, Mason City, USA - 21 Jan 2020

Andrew Yang: What Congress can do to avoid a new Great Depression

Andrew Yang: What Congress can do to avoid a new Great Depression By Andrew Yang for CNN Business Perspectives   Andrew …

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The Chair of the Fed is Starting to Sound More Like Andrew Yang

Why Jerome Powell is Starting to Sound Like Andrew Yang by Martin Tillier Andrew Yang’s run for the Democratic …

Success Stories

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Canadian CERB teaching people what basic income might feel like

Canadian universal basic income experiment has been life-changing for those unemployed amid coronavirus One economist calls it a “modern …

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Stockton’s Basic Income Demonstration Shows Value of Solid Economic Foundation — Especially During Pandemics

Stockton has been testing a universal basic income since 2019 — it’s working The Stockton Economic Empowerment Demonstration, a …

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Four years into the 12-year UBI experiment in Kenya, lives are transformed

Could universal basic income change aid forever? For four years, the villagers of Magawa in rural western Kenya have …

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Fin­land’s ba­sic in­come ex­per­i­ment: new research re­veals sig­ni­fic­ant di­versity in par­ti­cipants’ ex­per­i­ence

The report on Finland’s 2017-2018 basic income experiment illustrates great variance in how the experiment affected participants’ lives. University …

The Basics of UBI

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Coalition calls on federal Liberals to bring in a basic income to address gender inequity in Canada

By: By Brendan Kennedy. – A coalition of nearly 4,000 individuals and organizations is calling on the federal government to implement a …

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Basic income must become part of a new settlement, for a new post-Covid age

By: Patrick Hurley. – I read with real interest Anna Coote’s article earlier this week, which questioned the arguments and assumptions …

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Universal Basic Income and Mental Health

What the history of social psychiatry tells us about preventing mental illness. By: Matthew Smith Ph.D. Essentially, there are …

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“A universal basic income should be the post-pandemic legacy we leave the next generation.”

Now, more than ever, we need a state that lifts people out of poverty and gives them the equality …

Workforce Automation

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From 1990 to 2007, each robot in manufacturing replaced 3.3 workers on average nationally

MIT economist Daron Acemoglu’s new research puts a number on the job costs of automation. Peter Dizikes | MIT …

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The rush to deploy robots as a result of the coronavirus outbreak

PUBLISHED MON, MAR 2 20208:57 AM EST UPDATED WED, MAR 11 202010:35 AM EDT Rebecca Fannin, special to CNBC.com …

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41 Percent of Companies Are Accelerating Plans To Automate As Coronavirus Forces Workers To Stay Home

Almost half of company bosses in 45 countries are speeding up plans to automate their businesses as workers are …

Flippy the robot running a fry station at Miso Robotics’ test kitchen in January in Pasadena.(Gina Ferazzi/Los Angeles Times)

New fast food robot costs $3 per hour

In a test kitchen in a corner building in downtown Pasadena, Flippy the robot grabbed a fryer basket full …