Chicago Mayor Lori Lightfoot wants to give about 5,000 of the Windy City’s poorest households $500 a month, no strings attached. The payments would be part of Lightfoot’s proposed $16.7 billion budget ...
As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...
We should have these debates, of course. But we should also feel grateful that the stakes are as modest as they are. In Poor Relief: Why Giving People Money Is Not the Answer to Global Poverty, Heath ...
Howard County’s new Guaranteed Basic Income (GBI) pilot may be framed as compassionate policy, but it’s part of a troubling pattern that’s taking root across Maryland and the United States. Following ...
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Elon Musk pitches ‘universal high income’ and ‘penthouses’ for all—but his vision has a problem
Musk promises AI-funded penthouses for all, but his "universal high income" vision ignores one stubborn reality: You can’t ...
Last year, I wrote about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years—a short-term test run of proposals ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. As global wealth inequality deepens and automation threatens to usher ...
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.
In the United States, the debate over a universal basic income is an exercise in "first world problems." If we simply give everyone money, will we discourage work? Will some people buy cigarettes and ...
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